What You Need To Know Ahead of Costco's Earnings
COSTCostco(COST) investopedia.com·2024-05-24 07:15

Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue 57.89billion57.89 billion 58.44 billion 53.65billionDilutedEPS53.65 billion Diluted EPS 3.67 3.923.92 2.93 Net Income 1.63billion1.63 billion 1.74 billion 1.3billionKeyMetric:MembershipsCostco,likeotherwarehouseretailersincludingBJsWholesaleClub(BJ)andWalmarts(WMT)SamsClub,usesmembershipstoprovideaccesstoitsstores,whichhelpsCostcogeneraterevenuebeforeashoppersetsfootinthestore.Since2017,Costcomemberships,whichcomeintwopricetiers,havecost1.3 billion Key Metric: Memberships Costco, like other warehouse retailers including BJ's Wholesale Club (BJ) and Walmart's (WMT) Sam's Club, uses memberships to provide access to its stores, which helps Costco generate revenue before a shopper sets foot in the store. Since 2017, Costco memberships, which come in two price tiers, have cost ...