Costco reported third-quarter revenue of $63.2 billion, slightly above the $63.19 billion expected by analysts. Adjusted earnings came in at $4.28 per share, beating estimates of $4.13, according to Benzinga Pro. Costco reported $1.24 billion in membership fees for the quarter, up from $1.12 billion a year earlier. The increase follows a $5 hike in annual store membership prices in September 2024, the first since 2017. Costco operates 905 warehouses, with 624 located in the U.S. The company ended the quarter holding about $13.84 billion in cash and cash equivalents. ostco shares were up 0.32% in after-hours, according to Benzinga Pro.
