Costco Wholesale Corporation today announced its operating results for the third quarter (twelve weeks). Net sales for the quarter increased 8.0 percent, to $61.96 billion, from $57.39 billion last year. Net sales for the first 36 weeks increased 8.2 percent, to $185.48 billion, from $171.44 billion last year.
Costco Wholesale Corporation – Costco Wholesale Corporation Reports Third Quarter and Year-To-Date Operating Results for Fiscal 2025
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Total revenues across all categories for June 2023 were down 1.3% as compared to June 2022, coming in at $890.0 million. Year-to-date revenues were up 1.2%, at $5.6 billion for the first half of the year. Trade (Consumer Books) revenues were down 0.9% in June, coming in at $633.5 million. In terms of physical paper format revenues during the month of June, in the Trade (Consumer Books) category, Hardback revenues were up 5.8%, coming in at $191.2 million; Paperbacks were down 3.0%, with $246.0 million in revenue; Mass Market was down 39.1% to $13.0 million; and Special Bindings were up 2.5%, with $11.1 million in revenue.
Newsquest Media Group announced the acquisition of NWN Media Ltd (NWN), the publisher of 13 local news brands across North and Mid Wales, Cheshire and Shropshire. The NWN Board unanimously accepted the Newsquest offer which will now allow the company to move forward with confidence in a fast-changing media landscape. NWN’s portfolio comprises 12 weekly newspapers and one daily, with associated websites, including the likes of The Leader (Wrexham and Flintshire), the Chester Standard, the Powys County Times, the Denbighshire Free Press, the Whitchurch Herald and the North Wales Chronicle. NWN also operates an extensive contract printing operation. Click Read More below for additional detail.
Earnings per share for the first quarter ended May 5, 2018, were $0.17 compared to $0.33 for the quarter ended April 29, 2017. First quarter operating income was $154.8 million compared to $209.2 million last year, and net income was $47.5 million compared to $94.1 million last year. The company reported net sales of $2.626 billion for the first quarter ended May 5, 2018, an increase of 8 percent compared to sales of $2.437 billion for the quarter ended April 29, 2017. Comparable sales for the first quarter ended May 5, 2018, increased 3 percent compared to the thirteen weeks ended May 6, 2017.