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Costco reported revenue of $44.77B and an EPS of $2.14, compared to an estimated revenue of $43.81B and an estimated adjusted EPS of $2.45. Yahoo Finance's Jared Blikre joined Yahoo Finance Live to break down the key metrics.
The membership warehouse retailer has benefitted from the stay at home trend.
Ladies and gentlemen, thank you for standing by, and welcome to Q2 earnings call and February sales conference. Going down the income statement, membership fee income came in reported at $881.5 million or 2.01%, compared to $816.4 million or 2.13% in the quarter a year ago, so up $65 million or 8%.