# Costco Wholesale Corporation (COST) — Q3-2024 Earnings Results

**Report date:** 2024-05-30 (after market close)  
**Sector:** Consumer Staples / Consumer Staples Merchandise Retail  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/COST/earnings/Q3-2024

## Post-Earnings Brief

### Headline

Costco Beats on EPS, Stock Down N/A%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.78 | N/A | +2.25% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed a positive outlook on membership trends while acknowledging some operational challenges. They are focused on maintaining value for customers.

**Key quotes:**

> Management highlighted strong membership growth as a key driver of performance.

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

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

### Guidance Changes

No forward guidance was provided during this earnings call.

### What It Means

Costco's earnings report shows a solid performance in terms of EPS, indicating effective cost management and strong membership growth. However, the lack of revenue data and guidance may leave investors uncertain. The stock reaction is not available, but the company's focus on value and membership growth could position it well for the future despite ongoing challenges.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/COST/earnings/Q3-2024_