Costco reported Q3 earnings per share of $4.93, surpassing last year’s $4.28, as revenue climbed to $70.53 billion.
Costco posted third-quarter revenue of $70.53 billion, an 11.6% increase from the same period last year. The growth reflects strong consumer demand and expansion in core retail operations.
Earnings per share reached $4.93, up from $4.28 in the prior-year quarter. Analysts had anticipated a smaller gain, underscoring the company’s ability to outperform expectations amid a competitive retail environment.
The results highlight Costco’s resilience in driving sales growth while maintaining margins. No immediate market reaction was reported in the release.