Locator: 48718COSTCO.
Costco:
surges. Up 2.875; up $28.96; trading at $1,037.70. Still sells their
hot dog combo for $1.50. Hasn't changed the price in decades. Decades.
Later: up 3.75%; up $37.55; trading at $1,046.32.
- Earnings per share: $4.28 vs. $4.24 expected
- Revenue: $63.21 billion vs. $63.19 billion expected
Costco’s
net income for the three-month period that ended May 11, 2025 rose to $1.90
billion, or $4.28 per share, compared with $1.68 billion, or $3.78 a
year earlier. Revenue rose from $58.52 billion in the year-ago period. Comment: incredible numbers.
Comparable sales, an industry metric that takes out one-time factors such as store openings and closures, rose 8%, and e-commerce sales rose nearly 16% compared with the year-ago period, excluding gas and the impact of changes to foreign exchange.
