by Mike Duff | Mar 10, 2025 | Retail Articles
Non-foods, including home categories, came on strong in the second quarter for Costco Wholesale Corp., helping to drive comparable store, revenue and income gains. Net income was $1.79 billion, or $4.02 per diluted share versus $1.74 billion, or $3.92 per diluted...
by Mike Duff | Dec 13, 2024 | Retail Articles
Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
by Mike Duff | May 31, 2024 | Featured News, Retail Articles
Costco Wholesale Corp posted strong comparable store sales and earnings in the third quarter, noting its members are ramping up their spending on discretionary merchandise. Net income for the quarter was $1.68 billion, or $3.78 per diluted share, versus $1.3 billion,...
by Mike Duff | Feb 7, 2024 | Retail Articles
Longtime Costco CFO Richard Galanti is stepping down in March, to be replaced by Gary Millerchip, who has been chief financial officer at The Kroger Co. According to Costco, Galanti will remain with the company through January 2025 as an advisor and continue serving...
