Costco Wholesale (COST) Earnings Date and Reports 2024 (2024)

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Costco Wholesale (COST) Earnings Date and Reports 2024? ›

When does Costco (COST) report earnings? Costco (COST) is schdueled to report earning on Sep 26, 2024, After Close Not Confirmed.

Costco EPS for the quarter ending May 31, 2024 was $3.78, a 29.01% increase year-over-year. Costco EPS for the twelve months ending May 31, 2024 was $16.14, a 19.56% increase year-over-year. Costco 2023 annual EPS was $14.16, a 7.76% increase from 2022.

COST Earnings Forecast

Next quarter's earnings estimate for COST is $5.02 with a range of $4.28 to $5.58.

Costco gross profit for the twelve months ending May 31, 2024 was $31.706B, a 11.18% increase year-over-year.

When is Costco's next earnings date? COST's next earnings date is CONFIRMED for Thursday 09/26/2024 After Market. Investors increasingly rely upon earnings announcement dates and changes to those dates to capitalize on trading opportunities or mitigate risk.

According to analysts, COST price target is 845.66 USD with a max estimate of 940.00 USD and a min estimate of 656.00 USD. Check if this forecast comes true in a year, meanwhile watch Costco Wholesale stock price chart and keep track of the current situation with COST news and stock market news.

Net income for the first 24 weeks was $3.33 billion, $7.49 per diluted share, compared to $2.83 billion, $6.37 per diluted share, last year. For the four-week reporting month of February, ended March 3, 2024, the Company reported net sales of $18.21 billion, an increase of 6.9 percent from $17.04 billion last year.

As it turns out, though, $4.58 billion of that profit -- 73% of the total -- had nothing to do with product sales. That money came from the membership fees that customers pay just to enter Costco's retail warehouse locations. Costco currently charges $60 annually for a regular Gold Star membership.

As Chief Executive Officer at COSTCO WHOLESALE CORP, W. Craig Jelinek made $16,510,490 in total compensation. Of this total $1,154,808 was received as a salary, $362,500 was received as a bonus, $0 was received in stock options, $14,937,824 was awarded as stock and $55,358 came from other types of compensation.

Key Costco Statistics. Costco's total annual revenue in 2021 was $195.929 billion. The daily revenue for one Costco store is around $530,000.

What is the 12 month forecast for Costco stock? ›

Based on analysts offering 12 month price targets for COST in the last 3 months. The average price target is $855.61 with a high estimate of $960 and a low estimate of $676.

Rewarding careers are built at Costco.

Costco offers competitive hourly wages with regular increases based on accumulated hours. Tenured hourly employees receive additional compensation twice a year based on their years of service.

“In general, though, the best time to shop at Costco is going to be when they first open on Mondays, Tuesdays and Wednesdays, as generally that's the least popular time for shoppers to be out,” Ramhold said.

An Executive membership costs $120, but for that $60 upgrade, you get 2% cash back on Costco purchases. If you're not sure which one is right for you, ask yourself these questions.

Costco Stock Price Forecast 2024-2025

The forecasted Costco price at the end of 2024 is $857 - and the year to year change +30%. The rise from today to year-end: +18%. In the middle of 2024, we expect to see $755.

During the past 12 months, Costco Wholesale's average EPS without NRIGrowth Rate was 18.80% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 16.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 15.50% per year.

Food Court Policy Changes

Though Costco's policy on whether non-members are allowed to dine at its popular food courts seems to vary by location, certain warehouses have started to bar non-members from their in-store eateries in 2024.