“No other major retailer of this scale has succeeded in every country it entered,” one analyst noted.
Costco Wholesale Corporation (NASDAQ:COST ) Q2 2025 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Gary Millerchip - EVP and CFO Ron Vachris - President and CEO Conference Call Participants Simeon Gutman - Morgan Stanley Michael Lasser - UBS Christopher Horvers - JPMorgan Scot Ciccarelli - Truist Securities Zhihan Ma - Bernstein Oliver Chen - TD Cowen John Heinbockel - Guggenheim Securities Rupesh Parikh - Oppenheimer Greg Melich - Evercore ISI Edward Kelly - Wells Fargo Chuck Grom - Gordon Haskett Kelly Bania - BMO Capital Markets Robert Ohmes - Bank of America Joseph Feldman - Telsey Advisory Group Mike Baker - D.A. Davidson Operator Ladies and gentlemen, thank you for standing by.
As the Trump administration rolls out — and rescinds — tariffs on Canada and Mexico, investors were anxious to learn how the policy would impact Costco. The company's reliance on membership fees for more than 70% of its operating profits gives it an advantage over competitors in an inflationary environment.
The headline numbers for Costco (COST) give insight into how the company performed in the quarter ended February 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Costco delivered strong quarterly revenue driven by increased store visits but missed profit expectations. CEO Ron Vachris said the company would work to minimize any cost increases from tariffs.
Costco (COST) came out with quarterly earnings of $4.02 per share, missing the Zacks Consensus Estimate of $4.09 per share. This compares to earnings of $3.71 per share a year ago.
Costco (COST) reported fiscal second-quarter sales that topped analysts' estimates, but earnings missed as costs rose.
Costco Wholesale (COST -2.02%), the leading membership warehouse retailer, announced its second quarter fiscal 2025 results on March 6, 2025. Highlighting robust sales growth, it reported $62.53 billion in net sales, a 9.1% increase compared to the same quarter last year.
Costco's fiscal second-quarter results missed on earnings but beat on revenue. Net sales for the quarter totaled $62.53 billion.
Shares of Costco slipped after hours on Thursday, after the membership warehouse retailer reported a per-share profit and revenue figures that both missed Wall Street's expectations.
Costco Wholesale beat Wall Street expectations for second-quarter revenue on Thursday, as its members shopped more goods, including groceries, home furnishings and electronics, in bulk from its retail outlets amid rising living costs.
Volatility is back in town. Tariff jitters and concerns about growth and inflation have resulted in an S&P 500 dip and the Cboe Volatility Index (VIX) jumping above 20.