Categories AlphaGraphs, Earnings, Retail
Costco Wholesale Corp. (COST) Q3 earnings, revenue beat estimates: Infographic
Warehouse chain Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the third quarter of 2021. The results also topped expectations.
Third-quarter net sales grew 22% annually to $44.4 billion, aided by a 20.6% increase in comparable-store sales. Total revenues were up 22% year-over-year. The top-line exceeded the consensus forecast.
Net profit was $1.22 billion or $2.75 per share during the three-month period, up from $838 million or $1.89 per share recorded in the same period of last year. Analysts had forecast a slower growth.
Read management/analysts’ comments on Costco’s Q3 results
Costco’s stock closed Thursday’s regular trading higher but declined in the after-hours session, soon after the announcement.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
