Company Earnings UpdateCostco Wholesale (COST) Fiscal 2Q17 Results: Misses on EPS, Raises Membership Fees Coresight Research March 3, 2017 Executive Summary Costco reported fiscal 2Q17 EPS of $1.17, versus $1.24 in the year-ago quarter and missing the $1.36 consensus estimate. Revenues were $29.8 billion, down 5.7% year over year and roughly in line with the consensus estimate. Comps were up 3%, below the 3.5% consensus estimate, comprising an increase of 3% in the US, an increase of 8% in Canada and a decrease of 2% in other international regions. In addition, the company announced that it will raise the price of a Business membership by $5, to $60, and the price of an Executive membership by $10, to $120, effective June 1. 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: How Will Tariffs Impact China’s Singles’ Day 2025? Six Months To Go—What Brands and Retailers Need to KnowRolling Metric Declines This Week: Weekly US Consumer Sentiment, Week 34, 2025—InfographicThe Evolving Supply Chain Landscape: Tariffs, Holiday 2025, and What’s Next: Insights Presented by Deborah Weinswig at The Lead SummitUS Holiday 2025: Early Outlook—Improving Signals, But Will It Last?
