Costco Q4 Earnings: Revenue Miss, EPS Beat, and Comp Store Growth Highlights

Thursday, 26 September 2024, 13:52

Costco's Q4 earnings report revealed a revenue miss but an EPS beat, with comps climbing 5.4%. The results have led to a decline in shares as investors analyze the implications for future performance.

Benzinga — Costco Q4 Earnings: Revenue Miss, EPS Beat, and Comp Store Growth Highlights

Costco Q4 Earnings Overview

In its latest earnings report, Costco (NASDAQ:COST) announced a fourth-quarter revenue of $79.697 billion, which fell short of the consensus estimate of $79.973 billion. However, the retailer delivered a quarterly earnings per share (EPS) figure of $5.29, surpassing expectations.

Key Highlights

Revenue: $79.697 billion
Consensus Estimate: $79.973 billion
EPS: $5.29
Comparable Store Sales Growth: 5.4%

Although the earnings per share exceed projections, the revenue miss has spurred concerns, leading to a drop in Costco's stock. Analysts and investors are closely watching how these results affect the company's future performance.

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