Locator: 48410RETAIL.
Updates
September 28, 2024: say what you want, these are outstanding graphics. Link here. The print is small:
Costco: $ / margins / change:
- net profit: $2.4 billion / 3.0% / +0.2 pp Y/Y
- operating profit: $3.0 billion / 3.8% / +0.3 pp Y/Y
- gross profit: $10.1 billion / 12.7% / +0.4 pp Y/Y
- revenue: $79.9 billion / -- / +1% Y/Y
- net sales: $78.2 billion / -- / +1% Y/Y
Compare with Walmart (WMT), link here:
- net profit: $5.8 billion / 4.0% / +1.0 pp Y/Y
- operating profit: $5.6 billion / 3.0% / +0.5 pp Y/Y
- gross profit: $38.6 billion / 24% / +1.0 pp Y/Y
- revenue: $164.0 billion / -- / +7% Y/Y
- net sales: $162.7 billion / -- / +7% Y/Y
- Walmart USA: $113.7 billion (ex Walmart international, Sam's Club
September 27, 2024: Costco scans membership cards at entrance to the store. Link here.
Original Post
WMT's P/E: 42.
Now:
Previously:
Locator: 48402RETAIL.
Tag: COST, Costco.
Ticker after results: down 1.5%.
Observations:
- P/Es -- this is hard to believe:
- COST: 56
- NVDA: 58
- Dividends: both pay minimal dividends, thought COST is much higher;
- Share price:
- COST: $900 / share
- NVDA: $125 / share
Which would you rather own?
Last year. Three years ago I had a position in neither of these
companies. Shortly after that I started building a position in one of
these two companies. If you bought both either of these companies one
year ago:
Margins? I can only guess. 60% vs 7%. Use your own numbers.
Results, link here. Easily beat "whisper number," also.
Original Post
COST earnings after close, the expectation from the WhisperNumber community is $5.14, 6c ahead of analyst estimates. Earnings came in $0.01 ahead of the whisper last quarter. 45% beat rate. Implied move +/-3.7%.
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