Costco Wholesale Corporation (NASDAQ: COST) will be reporting fourth-quarter 2023 results today after the closing bell.
The warehouse chain is expected to report higher earnings and revenues for the August quarter. The report is expected at 4:15 p.m. ET. Market watchers project total revenues of $77.96 billion for the final months of the fiscal year, which represents an 8.1% year-over-year increase. In the retail month of August, the company generated $18.42 billion in revenues, up 5% from last year. It is estimated that Q4 earnings per share grew 14% from last year to $4.79.
Listen to Costco’s Q4 2023 earnings call live and read the real-time transcript
Costco reported mixed results for the third quarter when sales moved up 2% annually to $53.6 billion, while earnings decreased by 4% to $2.93 per share. Net income was $1.30 billion, compared to $1.35 billion in the prior-year quarter. Comparable sales growth decelerated to 0.3%, continuing the downtrend that started a few years ago.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
