Costco (COST) Tops Q4 EPS by 30c, Revenues Beat

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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2020 Operating Results

September 24, 2020 4:16 PM EDT

ISSAQUAH, Wash., Sept. 24, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (Costco or the Company) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year, ended August 30, 2020.

Net sales for the quarter increased 12.5 percent, to $52.28 billion from $46.45 billion last year. Net sales for the fiscal year increased 9.3 percent, to $163.22 billion from $149.35 billion last year.

Comparable sales for the fourth quarter and the fiscal year were as follows:

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