Categories AlphaGraphs, Earnings, Retail
Costco (COST) Q2 2024 Earnings: Key financials and quarterly highlights
Costco Wholesale Corporation (NASDAQ: COST) reported second quarter 2024 earnings results today.
Total revenue was $58.4 billion, up 6% compared to the same period last year.
Total company comparable sales increased 5.6%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/03/Costco-Q2-2024-Earnings-Infographic-648x1024.jpg)
Net income was $1.74 billion, or $3.92 per share, compared to $1.46 billion, or $3.30 per share, last year.
Earnings beat estimates but revenue missed expectations.
The company had cash and cash equivalents of $9 billion as of February 18, 2024.
The stock dropped 4% in aftermarket hours on Thursday.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/12/Costco-Wholesale-Corporation-Q1-2024-Earnings-Infographic-649x1024.jpg)
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