Costco Wholesale (COST) Revenue — Quarter Ended Feb 12, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate slowed from the prior quarter's pace.
Key takeaway
Quarter ended Feb 12, 2023 · FY2023 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate slowed from the prior quarter's pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$55.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+6.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$214.2B
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 |
|---|---|---|
| Feb 13, 2022 | $51.9B | +15.9% |
| May 8, 2022 | $52.6B | +16.2% |
| Nov 20, 2022 | $54.4B | +8.1% |
| Feb 12, 2023 | $55.3B | +6.5% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter and a year-over-year rise from the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue grew at a slower rate. The year-over-year comparison also showed an increase, though the pace was lower than the prior quarter's year-over-year growth.
What to watch
The deceleration in both sequential and year-over-year growth rates may warrant attention in future quarters.