Costco Wholesale (COST) 10-K Summary — Year Ended Sep 3, 2023
The filing covers the company's annual report with financial results and management discussion. Revenue increased compared to the prior year, and operating cash flow remained strong.
Key takeaway
Year ended Sep 3, 2023 · FY2025 10-K
The filing covers the company's annual report with financial results and management discussion. Revenue increased compared to the prior year, and operating cash flow remained strong.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$242.3B
Revenue reported for the fiscal year.
Operating income
$8.1B
Income from operations reported for the year.
Net income
$6.3B
Net income reported for the year.
Operating cash flow
$11.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 29, 2021 | $195.9B | n/a |
| Aug 28, 2022 | $227B | +15.8% |
| Sep 3, 2023 | $242.3B | +6.8% |
Business overview
The filing does not provide a description of the company's business in the supplied sections. The business overview section is referenced but its content is not included.
Financial performance
Revenue grew year over year. Operating income, net income, and operating cash flow were reported. The trend shows continued revenue growth from the prior period.
Material risks
The filing mentions risk factors but does not provide specific details in the supplied context. No material risks are described in the available sections.
Liquidity and capital
Primary sources of liquidity are cash flows from operations and cash equivalents. The company also holds unsettled credit and debit card receivables that settle within a short period.
What to watch
The impact of foreign exchange rate changes on cash and cash equivalents should be monitored in the next filing.