Loading...
•
Nov 24, 2024
Costco Q1 2025 Earnings Report
Costco's Q1 2025 net sales increased, driven by comparable sales growth and e-commerce performance. Net income also increased, benefiting from a tax benefit related to stock-based compensation.
Key Takeaways
Costco Wholesale Corporation reported its Q1 fiscal year 2025 operating results. Net sales increased by 7.5% to $60.99 billion. Net income for the quarter was $1,798 million, or $4.04 per diluted share.
Net sales increased by 7.5% to $60.99 billion compared to last year.
Net income reached $1,798 million, resulting in $4.04 per diluted share.
Comparable sales increased by 7.1% excluding impacts from changes in gasoline prices and foreign exchange.
E-commerce sales grew by 13.2% excluding impacts from changes in gasoline prices and foreign exchange.
Costco
Costco
Forward Guidance
The press release contains forward-looking statements that are subject to risks and uncertainties.
Challenges Ahead
- Domestic and international economic conditions, including exchange rates, inflation or deflation
- The effects of competition and regulation
- Uncertainties in the financial markets
- Consumer and small business spending patterns and debt levels
- Breaches of security or privacy of member or business information