Form 8-K · Current Report · Filed 2024-12-12
Costco Reports First Quarter Fiscal 2025 Results
Costco Wholesale Corporation reported its first quarter fiscal 2025 operating results, showing a 7.5% increase in net sales to $60.99 billion and a rise in net income to $1.798 billion.
- Filer
- Costco Wholesale Corporation COST · NASDAQ
- Filed
- Accession
- 0000909832-24-000075
- CIK
- 0000909832
- Signal
- Low impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
Comparable sales also increased across all regions. A press release and supplemental financial information are attached as exhibits.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$994.69
Next session
-0.5%
Since filing
-4.3%
Latest close
$951.89
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from COST reporting the same item, with the next session's move:
Exhibits (2)
About Costco Wholesale Corporation
Costco Wholesale Corporation operates as a membership-only warehouse club, providing a wide selection of merchandise across various categories internationally. As a leading player in the retail sector, Costco emphasizes bulk buying and low prices, offering products ranging from groceries and household items to electronics and apparel. The company is renowned for its efficient operations and minimalistic warehouse design, which contribute to a unique shopping experience aimed at delivering maximum value to its members. Costco serves individual and business members, with operations extending U.S. domestic markets and international regions including Canada, Mexico, and selected Asian countries. With its private label Kirkland Signature, Costco ensures quality products at competitive prices, further strengthening customer loyalty. The company also incorporates ancillary services including gas stations, pharmacies, and optical centers, enhancing its role in consumer lifestyles. Costco's business model focuses on volume sales and membership loyalty, providing resilience against market fluctuations and reinforcing its position as a key influencer in the global retail landscape.
Never miss another COST filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.