Flash ReportCostco (COST) 1Q17 Results: EPS Misses Expectations; Store Traffic Up Coresight Research December 9, 2016 Executive Summary Costco reported adjusted 1Q17 EPS of $1.17, below the $1.19 consensus estimate and up 6.8% year over year. Revenues were $28.1 billion, up 3.2% year over year and roughly in line with the consensus estimate. Total comps for the quarter were up 1%; US comps were up 1%, Canada comps were up 4% and international comps were flat. The company saw increases in store traffic and higher sales of fresh foods, although it suffered from decreased traffic during the first two weeks of November due to the presidential election. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Consumer Sentiment Climbs from July Trough, as Tariff Truce Extended: China Consumer Survey InsightsUS Tariffs: Three Actions for Risk Mitigation and Long-Term PositioningUS Tariffs on Canada and Mexico: What US Consumers ThinkAnalyst Corner: Agentic Commerce Is Progressing at Warp Speed, with John Harmon
