---
title: "$Costco Wholesale(COST.US) Quick Interpretation: Overall, the financial report of the membership dis"
description: "$Costco Wholesale(COST.US) Quick Interpretation: Overall, the financial report of the membership discount retail giant Costco shows strong growth, but profits fell slightly short of expectations.Total"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/27898531.md"
published_at: "2025-03-07T07:52:51.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# $Costco Wholesale(COST.US) Quick Interpretation: Overall, the financial report of the membership dis

$Costco Wholesale(COST.US) Quick Interpretation: Overall, the financial report of the membership discount retail giant Costco shows strong growth, but profits fell slightly short of expectations.

Total merchandise sales for the season increased by 9.1% year-on-year, significantly better than the consensus expectation of 7.8% from sellers. However, since the company previously announced that same-store sales in December and January were both above 9%, we speculate that buyers' actual expectations should be similar to the actual performance.

Regionally, the growth was primarily strong in the United States, with same-store comparable sales increasing by 8.3%, while non-North American regions saw weak growth of only 1.7%. It is also worth noting that the average transaction value in the U.S. increased by 2.6% year-on-year (the highest point since the 2023 fiscal year), while Canada and other countries experienced a year-on-year decline. This indicates that inflationary pressure on consumer goods in the U.S. is indeed significant.

However, on the profit side, net profit only grew by 2.6% year-on-year to $1.79 billion, which is below the consensus expectation of $1.84 billion from sellers. It seems there is an issue of increasing revenue without increasing profit. But according to the company's explanation, this is mainly due to a one-time tax benefit of about $94 million in the same period last year. Excluding this impact, net profit increased by 8.4% year-on-year, at least comparable to the revenue growth rate. Therefore, Costco's performance for the season is still quite robust.

### Related Stocks

- [COST.US - Costco Wholesale](https://longbridge.com/en/quote/COST.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.