Costco 2Q Revenue Misses, Same-Store Sales Higher Than Expected

Dow Jones

03-07

By Katherine Hamilton

Costco missed expectations for its second-quarter revenue, but posted higher-than-expected growth in same-store sales.

The member-based warehouse retailer posted a profit of $1.79 billion, or $4.02 a share, in the quarter ended Feb. 16, compared with $1.74 billion, or $3.92 a share, a year earlier.

Analysts polled by FactSet were expecting earnings of $4.11 a share.

Revenue rose 9% to $62.53 billion. Analysts surveyed by FactSet forecast revenue of $63.11 billion.

Same-store sales grew 6.8%, ahead of the 6.4% Wall Street expected.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 06, 2025 16:28 ET (21:28 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Analysts surveyed by FactSet forecast revenue of $63.11 billion. \n\n\n  Same-store sales grew 6.8%, ahead of the 6.4% Wall Street expected. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 06, 2025 16:28 ET (21:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}