Home > Stock Markets > Costco reports mixed Q4 results as revenue falls short of estimates

Costco reports mixed Q4 results as revenue falls short of estimates

2024/09/27 8

Investing — Costco reported Thursday mixed fiscal fourth-quarter results as earnings beat but revenue fell short of analyst estimates.

Costco Wholesale Corp (NASDAQ:COST) was less than 1% lower in aftermarket hours.

Costco Wholesale reported fiscal Q4 earnings of $5.29 a share on revenue of $79.69 billion, compared with estimates for $5.08 and revenue of $79.93B. 

Adjusted comparable sales in the quarter were 6.9%, with the U.S., Canada, and international growth at 6.3%, 7.9% and 9.3%, respectively.   

E-commerce adjusted comparable sales were up 19.5% in the quarter.

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.