Costco Wholesale (COST) Revenue — Quarter Ended Nov 26, 2023
Revenue for the quarter increased compared to the same period a year ago. The company also reported higher total revenue than the most recent prior period in the dataset.
Key takeaway
Quarter ended Nov 26, 2023 · FY2024 Q1
Revenue for the quarter increased compared to the same period a year ago. The company also reported higher total revenue than the most recent prior period in the dataset.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$57.8B
Revenue reported for this quarter.
Quarter-over-quarter
+7.7%
Change from the immediately preceding quarter.
Year-over-year
+6.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$221.2B
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 |
|---|---|---|
| Nov 20, 2022 | $54.4B | +8.1% |
| Feb 12, 2023 | $55.3B | +6.5% |
| May 7, 2023 | $53.6B | +2.0% |
| Nov 26, 2023 | $57.8B | +6.2% |
Revenue performance
Net sales and membership fees both contributed to the overall revenue growth.
Quarterly comparison
Revenue was higher than the same quarter one year earlier. Data for the immediately preceding quarter is not supplied in the filing.
What to watch
The company's liquidity position includes a material amount of unsettled credit and debit card receivables that settle within a short period.