Categories AlphaGraphs, Earnings, Retail
COST Earnings: All you need to know about Costco Wholesale Corporation’s Q1 2023 earnings results
Costco Wholesale Corporation (NASDAQ: COST) reported first quarter 2023 earnings results today.
Net sales increased 8.1% to $53.44 billion compared to the same period a year ago. Comparable sales were up 6.6%.
Net income was $1.36 billion, or $3.07 per share, compared to $1.32 billion, or $2.98 per share, last year.
Both the top and bottom line numbers missed expectations.
Cash and cash equivalents amounted to $10.8 billion at the end of the quarter.
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
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to