Costco: Fiscal Q4 Earnings Snapshot

September 22, 2022 GMT

ISSAQUAH, Wash. (AP) _ Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter earnings of $1.87 billion.

The Issaquah, Washington-based company said it had profit of $4.20 per share.

The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $4.12 per share.

The warehouse club operator posted revenue of $72.09 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $71.84 billion.

For the year, the company reported profit of $5.84 billion, or $13.14 per share. Revenue was reported as $226.95 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COST at https://www.zacks.com/ap/COST