Costco Wholesale (NASDAQ:COST) issued its quarterly earnings results on Thursday. The retailer reported $2.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.54 by $0.15, Briefing.com reports. Costco Wholesale had a net margin of 2.41% and a return on equity of 25.03%. The company had revenue of $47.50 billion during the quarter, compared to the consensus estimate of $47.71 billion. During the same quarter in the prior year, the firm posted $2.36 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis.
COST opened at $291.67 on Friday. Costco Wholesale has a twelve month low of $189.51 and a twelve month high of $307.34. The company has a quick ratio of 0.48, a current ratio of 0.98 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average of $287.59 and a 200-day moving average of $263.95. The stock has a market cap of $128.27 billion, a PE ratio of 42.70, a price-to-earnings-growth ratio of 3.68 and a beta of 0.94.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, August 29th. Costco Wholesale’s dividend payout ratio (DPR) is presently 38.07%.
Costco Wholesale Company Profile
Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances.
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