Costco Wholesale Corporation (COST)
Like Costco as consumers seek value: Analyst
Shelby McFaddin, senior analyst at Motley Fool Asset Management, says customers are in a better place now than they have been for a few years, but continue to look for savings in both staples and discretionary items.
Costco Q4: Membership Fee Increase To Take Effect In FY 2025
I reiterate a 'Buy' rating for Costco with a fair value of $980 per share, driven by strong same-store sales and membership growth. COST's traffic and shopping frequencies increased significantly, contributing to a 6.9% same-store sales growth, supported by a 9.6% year-over-year membership increase. The membership fee increase starting September 2024 will significantly boost the Company's operating profits, enhancing their financial outlook for FY25.
Costco Wholesale Corporation (COST) Q4 2024 Earnings Call Transcript
Costco Wholesale Corporation (NASDAQ:COST ) Q4 2024 Earnings Conference Call September 26, 2024 5:00 PM ET Company Participants Gary Millerchip - EVP & CFO Ron Vachris - CEO Conference Call Participants Simeon Gutman - Morgan Stanley Chris Horvers - JPMorgan Chuck Grom - Gordon Haskett Brandon Cheatham - Citigroup John Heinbockel - Guggenheim Securities Scott Ciccarelli - Truist Securities Rupesh Parikh - Oppenheimer Kelly Bania - BMO Capital Markets Michael Baker - D.A. Davidson Karen Short - Melius Research Greg Melich - Evercore ISI Operator Ladies and gentlemen, thank you for standing by.
Costco Q4: Revenue Miss Overshadows Earnings Beat
Costco's Q4 FY2024 report showed mixed performance, with a tiny top-line miss and a significant bottom-line beat, driving a slight stock price decline. Despite robust membership renewal rates and higher margins, Costco's valuation remains exorbitant, leaving little margin of safety for investors. Costco's growth rates have slowed, and its stock is overvalued, with a 5-year expected CAGR of -4.14%, making it a tactical "Sell".
Costco's gas sales is a 'fair amount' of revenue, says Telsey Advisory's Joe Feldman
Joe Feldman, Telsey Advisory Group senior analyst, joins 'Closing Bell Overtime' to talk Costco earnings.
S&P Sets New Closing High; COST Mixed in Fiscal Q4
Ex-fuel and foreign exchange costs, Costco saw +6.9% gains year over year, demonstrating the importance of lower gasoline prices to its top line.
Compared to Estimates, Costco (COST) Q4 Earnings: A Look at Key Metrics
The headline numbers for Costco (COST) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Costco's Earnings Top Estimates, But Sales Miss as Growth Slows
Costco Wholesale (COST) reported fiscal fourth-quarter earnings that topped analysts' expectations but narrowly missed on revenue as growth slowed.
Costco (COST) Surpasses Q4 Earnings Estimates
Costco (COST) came out with quarterly earnings of $5.15 per share, beating the Zacks Consensus Estimate of $5.05 per share. This compares to earnings of $4.86 per share a year ago.
Earnings Alert: Costco (COST)
The retail giant beat on EPS for the quarter but missed on revenue, leading to mixed reaction in after hours trading. The wholesale chain did show promise in its comp and e-commerce sales, but as Joe Tigay points out, maintaining constant growth will just get harder over time for Costco (COST).
Costco Posts Major Earnings Beat, But Misses On These Metrics
Costco cleared Q4 earnings estimates late Thursday, but fell short of revenue views. Costco stock eased in late trade, but near record highs.
Costco's e-commerce sales surge in Q4 as total sales rise
Costco Wholesale Corporation (NASDAQ:COST, ETR:CTO) exceeded earnings expectations in Q4, reporting EPS of $5.29, above the estimated $5.08, and reflecting an 8.8% year-over-year (YoY) increase. Revenue, however, came in slightly below forecasts at $79.7 billion, compared to the expected $79.93 billion.
