Overview

* Costco Wholesale Corp ( COST ) Q4 net sales rise 8% yr/yr to $84.4 bln, beating expectations

* EPS for Q4 was $5.87, beating consensus estimate of $5.81

* The membership-only retail chain's Q4 net income was $2.61 bln, exceeding analyst estimates, per LSEG data

Outlook

* Company does not provide specific guidance for future quarters in the press release

Result Drivers

* E-COMMERCE GROWTH - E-commerce sales surged 13.6% in Q4, contributing significantly to overall revenue growth

* REGIONAL SALES - Comparable sales increased across all regions, with notable growth in Canada and Other International markets

* MEMBERSHIP FEES - Membership fees rose to $1.724 bln in Q4, up from $1.512 bln a year ago, supporting revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 EPS Beat $5.87 $5.81

(27

Analysts

)

Q4 Net Beat $2.61 $2.58

Income bln bln (22

Analysts

)

Q4 6.4%

Adjusted

Comparab

le Sales

Growth

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 15 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the discount stores peer group is "buy"

* Wall Street's median 12-month price target for Costco Wholesale Corp ( COST ) is $1,070.00, about 11.7% above its September 24 closing price of $945.27

* The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 53 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)