Categories LATEST

Costco Q4 2023 Earnings Call: Listen Live and Get the Real-Time Transcript

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

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

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top