Costco Q4 2023 Earnings Report
Key Takeaways
Costco Wholesale Corporation reported a 9.4% increase in net sales for the fourth quarter, reaching $77.43 billion. Net income also rose to $2.160 billion, or $4.86 per diluted share, compared to $1.868 billion, or $4.20 per diluted share, in the same quarter last year.
Net sales for the fourth quarter increased by 9.4% to $77.43 billion.
Net income for the quarter was $2.160 billion, resulting in $4.86 per diluted share.
Comparable sales, excluding gasoline prices and foreign exchange impacts, increased by 3.8%.
E-commerce sales saw a decrease of 0.8%, or -0.6% excluding gasoline prices and foreign exchange impacts.
Costco
Costco
Costco Revenue by Segment
Forward Guidance
Forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements.