Costco: ups net profits in Q4 by 20%
(CercleFinance.com) - Costco Wholesale unveiled Thursday evening a growth in net profits of 20% to 1.
67 billion dollars, or 3.76 dollars per share for its fourth quarter of 2020-21 (closed 29 August).
The wholesale distributor's quarterly sales went up 17.5% to 61.44 billion dollars. On a like-for-like basis and excluding exchange differences and fuel prices, they went up 9.4%, with an 8.9% hike in online trade.
Over the whole financial year just gone, the Issaquah-based group (Washington State) raked in net profits of 5.01 billion dollars, representing an EPS of 11.27 dollars, for a progression in revenue of 17.7% to just over 192 billion.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
67 billion dollars, or 3.76 dollars per share for its fourth quarter of 2020-21 (closed 29 August).
The wholesale distributor's quarterly sales went up 17.5% to 61.44 billion dollars. On a like-for-like basis and excluding exchange differences and fuel prices, they went up 9.4%, with an 8.9% hike in online trade.
Over the whole financial year just gone, the Issaquah-based group (Washington State) raked in net profits of 5.01 billion dollars, representing an EPS of 11.27 dollars, for a progression in revenue of 17.7% to just over 192 billion.
Copyright (c) 2021 CercleFinance.com. All rights reserved.