Company Earnings Update 3 minutesRegister for Free AccessCostco Wholesale (COST) Fiscal 2Q17 Results: Misses on EPS, Raises Membership Fees Coresight Research March 3, 2017 Executive Summary Costco reported fiscal 2Q17 EPS of $1.17, versus $1.24 in the year-ago quarter and missing the $1.36 consensus estimate. Revenues were $29.8 billion, down 5.7% year over year and roughly in line with the consensus estimate. Comps were up 3%, below the 3.5% consensus estimate, comprising an increase of 3% in the US, an increase of 8% in Canada and a decrease of 2% in other international regions. In addition, the company announced that it will raise the price of a Business membership by $5, to $60, and the price of an Executive membership by $10, to $120, effective June 1. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Off-Price and Dollar-Store Shopping in Focus—TJX and Dollar Tree Rank as Top Choices: US Consumer Survey InsightsCES 2023 Day Two: Deborah Weinswig Presents Key Opportunities for Retailers in the Face of Brisk HeadwindsThe Generative AI Playbook: Six Quick Wins Presented at the AI Summit New York 2023Amazon Prime Day India 2023: Wrap-Up—Discounts Drive Prime Members To Splurge