Costco Reports on Q1 of FY 2019

12/14/2018

In a press release dated December 13th Costco Wholesale Corporation (COST) announced results for the 1st Quarter of Fiscal 2019 ending November 25th 2018.

The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as $ x 1,000 except EPS)

Quarter Ending.

Nov. 25th 2018

Nov. 26th 2017

Difference (%)

Sales:

$35,069,000

$31,809,000

+10.2

Gross profit:

$4,446,000

$4,192,000

+6.1

Operating income

$949,000

$951,000

-0.2

Net Income

$767,000

$640,000

+19.8

Diluted earnings per share:

$1.73

$1.45

+19.3

Gross Margin (%)

12.7

13.2

-3.8

Operating Margin (%)

2.7

3.0

-10.0

Profit Margin (%)

2.2

2.0

+10.0

Long-term Debt:

$6,480,000

$6,487,000

-0.1

12 Months Trailing:

     

Return on Assets (%)

7.3

   

Return on Equity (%)

26.3

   

Operating Margin (%)

3.2

   

Profit Margin (%)

2.2

   

Total Assets

$43,814,000

$40,830,000

+7.3

Market Capitalization

$93,630,000

   

52-Week Range in Share Price: $175.79 to $245.16

Market Close 13th Dec. $226.48. Market Open post-release $213.33

Forward P/E: 25.3 Beta +1.0

Adjusted consolidated comparable same-store sales growth for Q1 FY 2019 was 7.5 percent with the U.S. attaining 8.3 percent compared to Q1 of FY 2018..

Costco currently operates 768 warehouses, including 533 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 28 in the United Kingdom, 26 in Japan, 15 in Korea, 13 in Taiwan, 10 in Australia, two in Spain, one in Iceland, and one in France. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, and Taiwan.


















































































































































































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