# Costco Wholesale Corporation (COST) — Q4-2022 Earnings Results

**Report date:** 2022-09-22 (after market close)  
**Sector:** Consumer Staples / Consumer Staples Merchandise Retail  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/COST/earnings/Q4-2022

## Post-Earnings Brief

### Headline

Costco Beats on EPS, Stock Down 1.23%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $4.20 | N/A | +2.12% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed confidence in Costco's ability to navigate current market challenges. They emphasized the importance of membership growth and customer loyalty.

**Key quotes:**

> Management highlighted strong membership growth as a positive sign.

> They acknowledged challenges in the supply chain but remain focused on long-term growth.

> Costco is committed to maintaining competitive pricing despite inflationary pressures.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Costco's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by 1.23%, likely due to broader market conditions or investor concerns about future revenue growth. The lack of revenue data and guidance may have contributed to the stock's decline, as investors often look for clear indicators of future performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/COST/earnings/Q4-2022_