NASDAQ$COST

Costco Wholesale Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Costco reported an increase in net sales and comparable sales for the first quarter of fiscal year 2021.

Costco's first quarter fiscal year 2021 showed strong growth, with net sales increasing by 16.9% to $42.35 billion and net income reaching $1.166 billion, or $2.62 per diluted share. The results reflect solid performance across various regions and e-commerce.

  • Net sales increased by 16.9% to $42.35 billion compared to last year.
  • Net income for the quarter was $1.166 billion, or $2.62 per diluted share.
  • Comparable sales increased by 15.4% overall and 17.1% excluding gas and foreign exchange impacts.
  • E-commerce sales saw significant growth, with an increase of 86.4%.

Headline financials

Total Revenue

$43.2B

Previous: $37B+16.7%
EPS (adj)

$2.29

Previous: $1.73+32.4%
US Comp Sales Ex-Gas/FX

17.0%

No prior period
Canada Comp Sales Ex-Gas/FX

16.8%

No prior period
Intl Comp Sales Ex-Gas/FX

17.7%

No prior period
Total Comp Sales Ex-Gas/FX

17.1%

No prior period
Adj Digital Comp Sales

86.2%

No prior period
Capital Expenditures

-$893M

Previous: -$715M-24.9%
Free Cash Flow

$273M

Previous: $129M+111.6%
Net Income

$1.17B

Previous: $844M+38.2%
Operating Income

$1.43B

Previous: $1.06B+34.8%
Gross Profit

$5.75B

Previous: $4.81B+19.6%
Cash & Equivalents

$13.6B

Previous: $9.03B+50.5%
Total Assets

$60.2B

Previous: $51.4B+17.1%
Stock-Based Comp

$341M

Previous: $301M+13.3%

Revenue & EPS history

Costco · Revenue · Quarterly

$43.2B

Q1 2021+16.7%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.1%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+1.2%

Avg return

30 days after

56%

40 / 72 earnings

Positive

+7.0%

Q3 2022

Best reaction

-9.1%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2027
Q2 2026+2.1%+1.0%+3.3%
Q1 2026-2.0%-2.5%+4.6%
Q4 2025-2.2%-2.8%-1.2%
Q3 2026+1.6%-2.8%-4.8%
Q3 2025+3.1%+4.3%-2.3%
Q2 2025-6.1%-9.7%-10.7%
Q1 2025-0.5%-1.3%-5.8%
Q4 2024-2.5%-3.4%-1.9%
Q3 2024+0.4%+2.6%+5.4%
Q2 2024-6.2%-4.7%-7.7%
Q1 2024+2.6%+5.6%+6.4%
Q4 2023+0.9%+1.1%-2.0%
Q3 2023+5.1%+5.2%+8.6%
Q2 2023-0.7%+1.4%+3.8%
Q1 2023+0.2%+1.3%+0.2%
Q4 2022-5.4%-3.0%-3.0%
Q3 2022+7.0%+5.9%+10.1%
Q2 2022-0.5%-0.9%+9.0%
Q1 2022+5.4%+2.9%+1.1%
Q4 2021+3.4%-1.1%+6.6%
Q3 2021-1.9%-1.9%+2.3%
Q2 2021-2.0%-1.6%+9.6%
Q1 2021+0.2%-0.6%-1.2%
Q4 2020-0.6%+2.2%+8.7%
Q3 2020+0.8%+0.4%-3.1%
Q2 2020-2.9%-3.5%-10.0%
Q1 2020-1.2%+0.1%+0.7%
Q4 2019+2.3%+2.4%+3.9%
Q3 2019-0.5%+2.0%+9.8%
Q2 2019+3.9%+6.3%+12.2%
Q1 2019-9.1%-10.9%-7.6%
Q4 2018-6.2%-3.9%-1.3%
Q3 2018-1.3%-0.9%+4.7%
Q2 2018-3.0%-1.1%-3.9%
Q1 2018+2.4%+0.0%+1.9%
Q4 2017-4.9%-5.0%+0.7%
Q3 2017+2.8%+3.4%-9.2%
Q2 2017-4.3%-6.1%-5.7%
Q1 2017+4.4%+6.2%+7.8%
Q4 2016+2.1%+0.7%+0.2%
Q3 2016+5.0%+4.6%+9.1%
Q2 2016+0.7%
Q1 2016-4.4%
Q4 2015+0.7%
Q3 2015+0.7%
Q2 2015+1.6%
Q1 2015-1.1%
Q4 2014+2.5%
Q3 2014+1.6%
Q2 2014-2.6%
Q1 2014-1.5%
Q4 2013+3.1%
Q3 2013-2.9%
Q2 2013+1.0%
Q1 2013-0.5%
Q4 2012-1.3%
Q3 2012+1.4%
Q2 2012+1.0%
Q1 2012-3.5%
Q4 2011+0.8%
Q3 2011-0.8%
Q2 2011+1.3%
Q1 2011+1.1%
Q4 2008-2.3%
Q4 2010-2.3%
Q3 2010+0.2%
Q3 2009+0.2%
Q2 2009+0.6%
Q2 2010+0.6%
Q4 2009+2.5%
Q1 2010+2.5%
Q1 2009+2.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro