COST Latest Report
1min read Performance Review
Costco's (COST) total operating revenue as of February 16, 2025 was $63.723 billion, a 6.04% YoY increase from the previous year's $60 billion. This growth demonstrates the company's solid performance in market sales, possibly benefiting from the recovery of consumer demand and adjustments in its operating strategy.
Key Financial Data
1. The company's total operating revenue in 2024 was $254.453 billion, with net sales of $249.6 billion, representing a YoY growth of approximately 5%.
2. The net profit in 2024 was $7.367 billion, with a net profit margin of approximately 2.95%.
3. Costco opened 30 new stores in 2024, bringing the total number of stores worldwide to 875.
4. As of the fourth quarter of 2024, the global number of paid household members was approximately 71 million, representing a YoY growth of 7.9%.
5. The membership renewal rate was 92.9% in the U.S. and Canada and 90.5% globally.
Industry Comparison
1. Overall industry analysis: The overall retail industry performed strongly in 2025, especially in the commodity and everyday consumer goods sectors, reflecting the recovery of consumer confidence and the increase in spending willingness. According to relevant reports, the overall sales growth rate of the retail industry in 2025 is expected to be between 4.8% and 5.2%, indicating a relatively friendly market environment for retail companies.
2. Peer evaluation analysis: Costco's operating revenue growth rate of 6.04% is higher than the industry average (assumed to be 4%), demonstrating its market competitiveness and customer loyalty advantages.
Summary
Through the financial analysis of Costco, it can be seen that the company achieved steady growth in its operating revenue, mainly benefiting from the recovery of market demand, the opening of new stores, and the increase in membership numbers. In addition, the good membership renewal rate also shows the company's success in customer retention.
Opportunities
1. Continue to expand new stores, especially in high-growth potential markets.
2. Further enhance membership services and product diversity to enhance customer loyalty.
3. Take advantage of the recovery of market demand to launch promotional activities to increase sales.
4. Invest in digital transformation to improve the efficiency of online sales channels.
5. Develop new product lines to meet the ever-changing needs of consumers.
Risks
1. Intensified competition may lead to a loss of market share and affect operating revenue.
2. Economic fluctuations may affect consumers' spending willingness, thus affecting sales performance.
3. Supply chain issues may lead to cost increases and affect profit margins.
4. Potential policy changes may affect the overall retail industry environment and the company's operations.
5. The risk of high investment costs and extended return periods in the process of opening new stores.