NASDAQ$COST
Costco Wholesale Corp · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Costco's Q1 2023 earnings were reported, showing an increase in net sales and net income compared to the previous year.
Costco Wholesale Corporation reported its Q1 fiscal year 2023 operating results, with net sales increasing by 8.1% to $53.44 billion. Net income for the quarter was $1,364 million, or $3.07 per diluted share, compared to $1,324 million, or $2.98 per diluted share, in the previous year.
- Net sales increased by 8.1% to $53.44 billion compared to last year.
- Comparable sales for the total company increased by 6.6%, or 7.1% excluding gas and foreign exchange impacts.
- E-commerce sales decreased by 3.7%, or 2.0% excluding gas and foreign exchange impacts.
- Net income for the quarter was $1,364 million, or $3.07 per diluted share.
Headline financials
Revenue & EPS history
Costco · Revenue · Quarterly
$54.4B
Forward guidance
The press release contains forward-looking statements that are subject to risks and uncertainties.
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 2023
-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
| Quarter | Report date | Reaction (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% | — | — |
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