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
What to look for when Hormel Foods (HRL) reports Q4 2023 earnings
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings
Kroger set to report Q3 results. Here’s everything you need to know
The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer
Earnings Preview: Salesforce will likely deliver another strong quarter
Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative
