📦 $COST Q4: Clean beat, top to bottom
Profit outran sales again, even ex tariff refund.
The breakdown 👇
•EPS: $6.75 vs $6.53 est
•Rev: $95.7B vs $94.86B est
•Comps: 6.7% ex gas/FX, digital +19.8%
•Guidance: none; fees $1.9B, +7%
•Stock: +0.27% AH vs ±3.5% implied
Why it matters: EPS grew 15% on 11% revenue growth. Strip out the $0.15 tariff refund and EPS is $6.60, still a beat. U.S. comps ex-gas/FX +7.2% show demand holding up after the Fed hike.
At 45x earnings, does a clean beat still leave room to run, or is it priced in?
Sep 24, 2026 · 8:28 PM UTC
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