Costco Q4 Earnings Preview: Membership Fee Increase, Visitor Growth Top Items To Watch
Portfolio Pulse from Chris Katje
Costco is set to report its Q4 earnings, with a focus on its recent membership fee increase and visitor growth. Analysts expect revenue of $79.97 billion and EPS of $5.08. The membership fee hike, effective September 1, may boost new memberships and renewals. Visitor growth outpaced competitors, potentially leading to strong sales growth.
September 25, 2024 | 8:23 pm
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Costco's Q4 earnings report will highlight the impact of its recent membership fee increase and visitor growth. Analysts expect revenue of $79.97 billion and EPS of $5.08. The fee hike may boost memberships, and visitor growth outpaced competitors, potentially leading to strong sales.
Costco's earnings report will focus on the membership fee increase and visitor growth, both of which are key factors for future revenue. The fee hike could lead to increased memberships, and the visitor growth suggests strong sales potential. These factors are likely to positively impact Costco's stock price in the short term.
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