Costco Vs Walmart -- Saturday, September 28, 2024

Locator: 48426RETAIL.

Updates

September 28, 2024: say what you want, these are outstanding graphics. Link here. The print is small. To cut to the chase, the two numbers that are most important:

• growth in revenue y/y; and,
• margins.

Outside of these numbers, other important considerations:

• one year return on equity;
• dividends, particularly change y/y;
• comparison with peers;
• MOJO, the CNBC effect;
• part of the fourth industrial revolution;
• 30-year future.

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
  

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Disclaimer
Brief Reminder 

• NOTE: content and typographical errors may increase due to a number of factors. I correct them when I find them. But if something seems wrong or doesn't make sense, it's likely to be a typographical error as anything else. (Updated: September 28, 2024).
  
• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.  
  

And finally, would you rather? WMT is selling at a discount to COST this past year. Although in the big scheme of things, it was trivial.