Costco Wholesale Corp
COST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Jn | LOCK|Qnq | LOCK|&z<&$<#f |
Costco Earnings: Record Fuel Volume and Digital Gains Overcome Value Investments; Shares Pricey
Costco's fiscal third-quarter results featured an 11.6% increase in revenue and diluted EPS of $4.93, up 15.3%. Comparable store sales (excluding fuel) rose 6.6% and membership fee income grew 10.7%, but gross margin fell 21 basis points to 12.8% as fuel sales and discounts squeezed profits.
