Costco Q2 EPS $4.58 Tops Forecast; Revenues Rise 9.2% to $69.6B
Fiscal Q2 EPS $4.58 beats consensus by 0.74% and revenue of $69.6B tops estimates by 0.52%, up from $63.72B a year ago. Comparable-store sales growth sustained membership-driven momentum, while shares are up 16.8% year-to-date, outperforming the broader market.
1. Earnings and Revenue Beat
Costco reported fiscal second-quarter EPS of $4.58, surpassing the $4.55 consensus by 0.74% and up from $4.02 a year ago. Revenue reached $69.6 billion, topping estimates by 0.52% and marking a 9.2% increase over the prior-year quarter’s $63.72 billion.
2. Membership Model and Comparable Sales
The company sustained growth in comparable-store sales, underscoring strength in its membership model and offsetting last year’s sales slump. Membership fee revenue continues to drive profitability and customer loyalty within its warehouse club format.
3. Outlook and Analyst Estimates
Analysts project next quarter EPS of $4.88 on revenues of $68.42 billion and full-year EPS of $20.22 on $297.54 billion in sales. These consensus estimates will guide investor expectations following the strong Q2 results.