Costco Wholesale (NASDAQ:COST) posted its quarterly earnings data on Thursday. The retailer reported $2.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.54 by $0.15, Briefing.com reports. The business had revenue of $47.50 billion during the quarter, compared to the consensus estimate of $47.71 billion. Costco Wholesale had a return on equity of 25.63% and a net margin of 2.40%. Costco Wholesale’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.36 earnings per share.
COST stock opened at $291.67 on Friday. The stock has a market capitalization of $127.10 billion, a PE ratio of 35.24, a price-to-earnings-growth ratio of 3.74 and a beta of 0.94. The company’s 50-day moving average is $287.59 and its 200-day moving average is $263.95. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.98 and a quick ratio of 0.48. Costco Wholesale has a 1 year low of $189.51 and a 1 year high of $307.34.
The business 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. The ex-dividend date was Thursday, August 29th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.89%. Costco Wholesale’s dividend payout ratio (DPR) is presently 31.75%.
About Costco Wholesale
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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