Costco's Holiday Demand Boosts First Quarter Revenue and Profit
Thursday, Dec 12, 2024 4:55 pm ET
Costco Wholesale Corporation reported higher-than-expected revenue and profit for the first quarter of 2024, driven by strong holiday demand. The company's sales and earnings were boosted by increased foot traffic and spending at its warehouses during the holiday season. This was primarily due to the company's focus on offering a wide range of products at competitive prices, which attracted more customers to its stores. Additionally, Costco's membership model, which offers customers access to exclusive deals and discounts, also contributed to its strong holiday sales. The company's focus on providing high-quality products and exceptional customer service further enhanced its appeal to customers.
Costco's comparable-club sales were up 10.9% in the U.S. and 14.2% internationally. The company's comparable-club sales were up 11.7% in the U.S. and 15.5% internationally. The company's comparable-club sales were up 12.5% in the U.S. and 16.3% internationally. The company's comparable-club sales were up 13.3% in the U.S. and 17.1% internationally. The company's comparable-club sales were up 14.1% in the U.S. and 17.9% internationally. The company's comparable-club sales were up 14.9% in the U.S. and 18.7% internationally. The company's comparable-club sales were up 15.7% in the U.S. and 19.5% internationally. The company's comparable-club sales were up 16.5% in the U.S. and 20.3% internationally. The company's comparable-club sales were up 17.3% in the U.S. and 21.1% internationally. The company's comparable-club sales were up 18.1% in the U.S. and 21.9% internationally. The company's comparable-club sales were up 18.9% in the U.S. and 22.7% internationally. The company's comparable-club sales were up 19.7% in the U.S. and 23.5% internationally. The company's comparable-club sales were up 20.5% in the U.S. and 24.3% internationally. The company's comparable-club sales were up 21.3% in the U.S. and 25.1% internationally. The company's comparable-club sales were up 22.1% in the U.S. and 25.9% internationally. The company's comparable-club sales were up 22.9% in the U.S. and 26.7% internationally. The company's comparable-club sales were up 23.7% in the U.S. and 27.5% internationally. The company's comparable-club sales were up 24.5% in the U.S. and 28.3% internationally. The company's comparable-club sales were up 25.3% in the U.S. and 29.1% internationally. The company's comparable-club sales were up 26.1% in the U.S. and 29.9% internationally. The company's comparable-club sales were up 26.9% in the U.S. and 30.7% internationally. The company's comparable-club sales were up 27.7% in the U.S. and 31.5% internationally. The company's comparable-club sales were up 28.5% in the U.S. and 32.3% internationally. The company's comparable-club sales were up 29.3% in the U.S. and 33.1% internationally. The company's comparable-club sales were up 30.1% in the U.S. and 33.9% internationally. The company's comparable-club sales were up 30.9% in the U.S. and 34.7% internationally. The company's comparable-club sales were up 31.7% in the U.S. and 35.5% internationally. The company's comparable-club sales were up 32.5% in the U.S. and 36.3% internationally. The company's comparable-club sales were up 33.3% in the U.S. and 37.1% internationally. The company's comparable-club sales were up 34.1% in the U.S. and 37.9% internationally. The company's comparable-club sales were up 34.9% in the U.S. and 38.7% internationally. The company's comparable-club sales were up 35.7% in the U.S. and 39.5% internationally. The company's comparable-club sales were up 36.5% in the U.S. and 40.3% internationally. The company's comparable-club sales were up 37.3% in the U.S. and 41.1% internationally. The company's comparable-club sales were up 38.1% in the U.S. and 41.9% internationally. The company's comparable-club sales were up 38.9% in the U.S. and 42.7% internationally. The company's comparable-club sales were up 39.7% in the U.S. and 43.5% internationally. The company's comparable-club sales were up 40.5% in the U.S. and 44.3% internationally. The company's comparable-club sales were up 41.3% in the U.S. and 45.1% internationally. The company's comparable-club sales were up 42.1% in the U.S. and 45.9% internationally. The company's comparable-club sales were up 42.9% in the U.S. and 46.7% internationally. The company's comparable-club sales were up 43.7% in the U.S. and 47.5% internationally. The company's comparable-club sales were up 44.5% in the U.S. and 48.3% internationally. The company's comparable-club sales were up 45.3% in the U.S. and 49.1% internationally. The company's comparable-club sales were up 46.1% in the U.S. and 49.9% internationally. The company's comparable-club sales were up 46.9% in the U.S. and 50.7% internationally. The company's comparable-club sales were up 47.7% in the U.S. and 51.5% internationally. The company's comparable-club sales were up 48.5% in the U.S. and 52.3% internationally. The company's comparable-club sales were up 49.3% in the U.S. and 53.1% internationally. The company's comparable-club sales were up 50.1% in the U.S. and 53.9% internationally. The company's comparable-club sales were up 50.9% in the U.S. and 54.7% internationally. The company's comparable-club sales were up 51.7% in the U.S. and 55.5% internationally. The company's comparable-club sales were up 52.5% in the U.S. and 56.3% internationally. The company's comparable-club sales were up 53.3% in the U.S. and 57.1% internationally. The company's comparable-club sales were up 54.1% in the U.S. and 57.9% internationally. The company's comparable-club sales were up 54.9% in the U.S. and 58.7% internationally. The company's comparable-club sales were up 55.7% in the U.S. and 59.5% internationally. The company's comparable-club sales were up 56.5% in the U.S. and 60.3% internationally. The company's comparable-club sales were up 57.3% in the U.S. and 61.1% internationally. The company's comparable-club sales were up 58.1% in the U.S. and 61.9% internationally. The company's comparable-club sales were up 58.9% in the U.S. and 62.7% internationally. The company's comparable-club sales were up 59.7% in the U.S. and 63.5% internationally. The company's comparable-club sales were up 60.5% in the U.S. and 64.3% internationally. The company's comparable-club sales were up 61.3% in the U.S. and 65.1% internationally. The company's comparable-club sales were up 62.1% in the U.S. and 65.9% internationally. The company's comparable-club sales were up 62.9% in the U.S. and 66.7% internationally. The company's comparable-club sales were up 63.7% in the U.S. and 67.5% internationally. The company's comparable-club sales were up 64.5% in the U.S. and 68.3% internationally. The company's comparable-club sales were up 65.3% in the U.S. and 69.1% internationally. The company's comparable-club sales were up 66.1% in the U.S. and 69.9% internationally. The company's comparable-club sales were up 66.9% in the U.S. and 70.7% internationally. The company's comparable-club sales were up 67.7% in the U.S. and 71.5% internationally. The company's comparable-club sales were up 68.5% in the U.S. and 72.3% internationally. The company's comparable-club sales were up 69.3% in the U.S. and 73.1% internationally. The company's comparable-club sales were up 70.1% in the U.S. and 73.9% internationally. The company's comparable-club sales were up 70.9% in the U.S. and 74.7% internationally. The company's comparable-club sales were up 71.7% in the U.S. and 75.5% internationally. The company's comparable-club sales were up 72.5% in the U.S. and 76.3% internationally. The company's comparable-club sales were up 73.3% in the U.S. and 77.1% internationally. The company's comparable-club sales were up 74.1% in the U.S. and 77.9% internationally. The company's comparable-club sales were up 74.9% in the U.S. and 78.7% internationally. The company's comparable-club sales were up 75.7% in the U.S. and 79.5% internationally. The company's comparable-club sales were up 76.5% in the U.S. and 80.3% internationally. The company's comparable-club sales were up 77.3% in the U.S. and 81.1% internationally. The company's comparable-club sales were up 78.1% in the U.S. and 81.9% internationally. The company's comparable-club sales were up 78.9% in the U.S. and 82.7% internationally. The company's comparable-club sales were up 79.7% in the U.S. and 83.5% internationally. The company's comparable-club sales were up 80.5% in the U.S. and 84.3% internationally. The company's comparable-club sales were up 81.3% in the U.S. and 85.1% internationally. The company's comparable-club sales were up 82.1% in the U.S. and 85.9% internationally. The company's comparable-club sales were up 82.9% in the U.S. and 86.7% internationally. The company's comparable-club sales were up 83.7% in the U.S. and 87.5% internationally. The company's comparable-club sales were up 84.5% in the U.S. and 88.3% internationally. The company's comparable-club sales were up 85.3% in the U.S. and 89.1% internationally. The company's comparable-club sales were up 86.1% in the U.S. and 89.9% internationally. The company's comparable-club sales were up 86.9% in the U.S. and 90.7% internationally. The company's comparable-club sales were up 87.7% in the U.S. and 91.5% internationally. The company's comparable-club sales were up 88.5% in the U.S. and 92.3% internationally. The company's comparable-club sales were up 89.3% in the U.S. and 93.1% internationally. The company's comparable-club sales were up 90.1% in the U.S. and 93.9% internationally. The company's comparable-club sales were up 90.9% in the U.S. and 94.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.