How did Costco's revenue costs change in Q4 2024?

**Costco's Q4 2024 financial performance showed positive growth**, with key metrics indicating robust operational performance and strong customer engagement. 1. **Revenue Growth**: Costco's total revenue for Q4 2024 was $62.15 billion. This represents a 7.5% increase year-over-year, surpassing the Zacks Consensus Estimate of $62.05 billion. The company's revenue growth can be attributed to strong e-commerce sales, which surged by 18.9%. 2. **Earnings Per Share (EPS) Performance**: The company reported an EPS of $4.04 for the quarter, which exceeded the forecast of $3.78. This EPS of $4.04 marks a 6.9% increase over the forecast, reflecting Costco's strong financial performance and operational efficiency. 3. **Net Income**: Costco's net income for Q4 2024 reached $2.354 billion, marking a 9% increase year-over-year. This growth in net income underscores the company's ability to generate profit while maintaining its focus on value and quality. 4. **Cost Management**: Costco's gross margin percentage increased by 24 basis points, with core merchandise categories contributing positively to this increase. The company's selling, general, and administrative expenses as a percentage of net sales increased by 14 basis points, primarily due to higher wage costs. 5. **Comparative Sales**: The company's comparable sales, which measure sales from existing stores over a specific period, increased by 5.2% for the total company and 7.1% when excluding the impact of changes in foreign-currency and gasoline prices. U.S. comparable sales rose by 5.3%, Canadian sales by 5.5%, and other international markets by 5.7%. In conclusion, Costco's Q4 2024 financial results demonstrate the company's continued success in generating revenue and surpassing earnings expectations. The company's focus on e-commerce growth, product innovation, and operational efficiency has been instrumental in driving its financial performance.