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Thursday, October 5, 2017

=Costco Wholesale (COST) reported earnings on Thur 5 Oct 2017 (a/h)



  • Costco (COST) falls despite beating both top and bottom line estimates.


  • Costco beats by $0.06, beats on revs
    • Reports Q4 (Aug) earnings of $2.08 per share, $0.06 better than the Capital IQ Consensus of $2.02; revenues rose 15.7% year/year to $42.3 bln vs the $41.55 bln Capital IQ Consensus; comps +6.1% with e-commerce +21%; comps +5.7% ex-gas and FX
    • September comps +8.9% with e-commerce +30%; +6.2% excluding gas and FX.

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