Costco: Q2 EPS up 2%

(CercleFinance.com) - Costco Wholesale announced on Thursday evening Q2 EPS that is up almost 2% at 2.
14 dollars, albeit burdened by 41 cents due to costs that were mainly related to salary bonuses stemming from the Covid-19 crisis.

The company's quarterly warehouse sales rose by 14.7% to 43.89 billion dollars. On a comparable basis and adjusted for FX factors and fuel price effects, they increased by 12.9%, with a 74.8% jump in e-commerce sales.

In February alone, Costco's sales rose by 15.2% to 14.05 billion dollars, including 12.3% growth on a comparable and adjusted basis, with an 89.4% jump in online sales.


Copyright (c) 2021 CercleFinance.com. All rights reserved.