Costco Wholesale (NASDAQ: COST) Fiscal 2Q19 Results: Solid Quarter with Slightly Light Revenues and Blowout EPS

#

Key Points

  • Costco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate.
  • Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%.
  • February comps increased 4.6% (ex items), and e-commerce comps grew 21.6% (ex items).

Costco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate. Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%.

Login to view the full report, or register below for a free membership to access research.

Become a Member

  • Register to access more sections of the website.​
  • Member
  • Already a member?
    Log in