Compared to Estimates, Costco (COST) Q1 Earnings: A Look at Key Metrics

By Zacks Equity Research | December 11, 2025, 6:00 PM

For the quarter ended November 2025, Costco (COST) reported revenue of $67.31 billion, up 8.3% over the same period last year. EPS came in at $4.34, compared to $3.82 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $67.33 billion, representing a surprise of -0.03%. The company delivered an EPS surprise of +1.88%, with the consensus EPS estimate being $4.26.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Costco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Comparable sales - Total Company: 6.4% versus the seven-analyst average estimate of 6.1%.
  • Changes in comparable sales excluding the impact of changes in foreign-currency and gasoline prices - Total Company: 6.4% compared to the 6.2% average estimate based on seven analysts.
  • Number of warehouses - Total worldwide: 923 versus 921 estimated by six analysts on average.
  • Number of warehouses - United States and Puerto Rico: 633 versus the four-analyst average estimate of 634.
  • Comparable sales - U.S.: 5.9% compared to the 5.7% average estimate based on four analysts.
  • Changes in comparable sales excluding the impact of changes in foreign-currency and gasoline prices - Other International: 6.8% versus 6.5% estimated by four analysts on average.
  • Changes in comparable sales excluding the impact of changes in foreign-currency and gasoline prices - Canada: 9% versus 7.8% estimated by four analysts on average.
  • Changes in comparable sales excluding the impact of changes in foreign-currency and gasoline prices - U.S.: 5.9% compared to the 5.7% average estimate based on four analysts.
  • Comparable sales - Other International: 8.8% compared to the 8.3% average estimate based on three analysts.
  • Comparable sales - Canada: 6.5% compared to the 7% average estimate based on three analysts.
  • Membership fees: $1.33 billion versus $1.31 billion estimated by eight analysts on average.
  • Net Sales: $65.98 billion compared to the $66.04 billion average estimate based on eight analysts.

View all Key Company Metrics for Costco here>>>

Shares of Costco have returned -4.3% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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