Categories AlphaGraphs, Consumer, Earnings
Infographic: A snapshot of Costco’s (COST) Q4 2022 earnings
Warehouse behemoth Costco Wholesale Corporation (NASDAQ: COST) has reported a 15% increase in fourth-quarter 2022 revenues, which translated into double-digit growth in net income.
Fourth-quarter revenues increased sharply to $72.09 billion. Total comparable store sales grew 13.7%, with e-commerce sales rising 7.1%.
Check this space to read management/analysts’ comments on Costco’s Q4 2022 earnings
Reflecting the strong top-line growth, net income moved up to $1.87 billion or $4.20 per share in the August quarter, which is higher than the $1.67 billion or $3.76/share profit reported in the fourth quarter of 2021.
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
Earnings Preview: Darden Restaurants (DRI) looks headed for a strong second half
Darden Restaurants, Inc. (NYSE: DRI) delivered positive performance during the holiday season, which is probably the busiest time for the restaurant chain, and is preparing to report third-quarter results next
ADBE Earnings: Adobe Q1 2024 revenue and profit beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in first-quarter 2024 revenue and earnings. The results also surpassed analysts' forecasts. First-quarter revenues came in at $5.18
Earnings Preview: FedEx (FDX) likely to report higher revenue and profit for Q3
FedEx Corporation (NYSE: FDX) delivered positive earnings performance and margin expansion in the first half of fiscal 2024, despite lower revenues. The cargo giant has been on a path of