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May 09, 2021
Costco Q3 2021 Earnings Report
Costco's Q3 2021 earnings were reported, showing significant growth in net sales and comparable sales across various regions and e-commerce.
Key Takeaways
Costco reported a strong third quarter in fiscal year 2021, with net sales increasing by 21.7% to $44.38 billion. Comparable sales also saw significant growth across all regions, including a 41.2% increase in e-commerce. Net income for the quarter was $1.22 billion, or $2.75 per diluted share.
Net sales increased by 21.7% to $44.38 billion compared to the previous year.
E-commerce sales grew by 41.2% compared to the previous year.
Net income reached $1.22 billion, or $2.75 per diluted share, including COVID-19 related costs.
The company operates 809 warehouses worldwide, including e-commerce sites in multiple countries.
Forward Guidance
The press release contains forward-looking statements that are subject to risks and uncertainties. The company does not undertake to update these statements, except as required by law.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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