Costco Sees $69.7B Q2 Revenue, 9.7% Growth and $4.98 EPS Forecast
COST•Wall Street expects Costco to report fiscal Q2 revenue of about $69.7 billion, up 9.7% year-over-year, and EPS of $4.98, reflecting 14.7% growth. Comparable sales are projected at 6.7% with options traders pricing in a 3%-4.4% post-earnings swing.
1. Upcoming Q2 Earnings Forecast
Costco is poised to report fiscal Q2 revenue of approximately $69.7 billion, marking a 9.7% increase year-over-year, alongside EPS of $4.98, a 14.7% rise. Investors will also watch for comparable sales growth estimated at 6.7%.
2. Growth Drivers and Consumer Trends
Higher fuel prices have enhanced gas station margins within warehouses, contributing to traffic gains, while signs of consumers redirecting spending toward essential goods could affect overall sales mix and margin dynamics.
3. Options Market Expectations
Options traders are anticipating a 3%-4.4% stock price swing following the earnings release, more than double Costco’s average post-quarter move in recent periods, reflecting elevated volatility expectations.
