May 26, 2016 2 minutes

Costco (COST) 3Q16 Results: Light Revenues, but Beats on EPS; Positive Comps Excluding Gas and Currency

Primary Analyst: Coresight Research

Executive Summary

Costco reported fiscal 3Q16 revenues of $26.8 billion, slightly below the consensus estimate of $27.1 billion and up 2.6% year over year. EPS was $1.24, beating the consensus estimate by two cents.
Comps were flat, but up 3% excluding gasoline and currency effects.
Membership revenues were $618 million, up 5.8% year over year.

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