Flash Report 2 minutesRegister for Free Access

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

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.

Please Login to read the full report. Not a member? Register for a free user account.