# Costco Wholesale Corporation (COST) — Q1-2023 Earnings Results

**Report date:** 2022-12-08 (after market close)  
**Sector:** Consumer Staples / Consumer Staples Merchandise Retail  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/COST/earnings/Q1-2023

## Post-Earnings Brief

### Headline

Costco Misses on EPS — Stock Down N/A%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.07 | N/A | -2.35% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed a cautious optimism about membership growth despite supply chain challenges. They are focused on maintaining cost control to support profitability.

**Key quotes:**

> Management highlighted strong membership growth as a positive sign.

> They noted ongoing challenges with supply chain but remain focused on cost control.

> The team emphasized their commitment to providing value to members.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Costco's earnings report shows a slight miss on EPS, indicating some pressure on profitability. The lack of revenue data and guidance leaves investors uncertain about future performance. Management's focus on membership growth and cost control suggests they are working to navigate current challenges, but the stock reaction remains unclear without specific data.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/COST/earnings/Q1-2023_