Costco (COST) Tops Q2 EPS by 30c, Misses on Revenue
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Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal 2024 and February Sales Results
March 7, 2024 4:15 PM ESTISSAQUAH, Wash., March 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (Costco or the Company) (Nasdaq: COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2024, ended February 18, 2024.
Net sales for the quarter increased 5.7 percent, to $57.33 billion, from $54.24 billion last year. Net sales for the first 24 weeks increased 5.9 percent, to $114.05 billion, from $107.68 billion last year.
Net sales for the Company were negatively impacted by approximately one and one-half percent for the quarter and by approximately one-half... More
