
• Reported GAAP EPS of $4.51 up 11.36% YoY • Reported revenue of $67.31B up 8.30% YoY
Bullish
Costco demonstrated strong first-quarter performance with net sales increasing 8.2 percent to $65.98 billion and net income growing to $2,001 million, alongside robust comparable sales.
Bearish
Costco faces risks from economic conditions, inflation, and rising employee costs. The company also saw increased cash used in investing activities and a lower tax benefit from stock-based compensation.