Company news: Costco (COST) posts mixed quarterly results

Costco (COST) reported Q1 FY2025 earnings of $3.82 per share, excluding a $0.22/share tax benefit related to stock-based compensation, (versus $3.48 per share in Q1 FY2024), beating analysts’ consensus estimate of $3.79 per share.

The company’s quarterly revenues amounted to $62.151 bln (+7.5% y/y), missing analysts’ consensus estimate of $66.520 bln.

COST rose to $991.30 (+0.29%) in pre-market trading.