The Cooper Companies (COO) Revenue — Quarter Ended Jan 31, 2024
Revenue for the quarter rose compared to the same period last year and also increased from the immediately preceding quarter. The company reported higher net sales and gross profit year over year.
Key takeaway
Quarter ended Jan 31, 2024 · FY2024 Q1
Revenue for the quarter rose compared to the same period last year and also increased from the immediately preceding quarter. The company reported higher net sales and gross profit year over year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$931.6M
Revenue reported for this quarter.
Quarter-over-quarter
+0.5%
Change from the immediately preceding quarter.
Year-over-year
+8.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2023 | $877.4M | +5.7% |
| Jul 31, 2023 | $930.2M | +10.3% |
| Oct 31, 2023 | $927.1M | +9.3% |
| Jan 31, 2024 | $931.6M | +8.5% |
Revenue performance
Net sales increased, and gross profit expanded from the prior year quarter. Cost of sales and operating expenses also rose.
Quarterly comparison
Compared to the previous quarter, revenue edged higher. On a year-over-year basis, the revenue growth was more pronounced.
What to watch
Monitor whether revenue growth can sustain its pace in coming quarters.