AI English summary of an SEC filing — figures as filed
Costco COSTCostco said net sales for the 16-week Q4 rose 1.0% from $78.2 billion in the 17-week year-ago period to $77.4 billion. For the full year, net sales for the 52-week fiscal year grew 5.0% to $249.6 billion from $237.7 billion in the 53-week prior year.
Key points
AI summaryCostco said net sales for the 16-week Q4 rose 1.0% from $78.2 billion in the 17-week year-ago period to $77.4 billion. For the full year, net sales for the 52-week fiscal year grew 5.0% to $249.6 billion from $237.7 billion in the 53-week prior year.
Costco said net income for the 16-week Q4 was $2.354 billion ($5.29 per diluted share), and that it included a net non-recurring tax benefit of $63 million related to a transfer pricing settlement and true-ups of tax reserves. Net income for the 52-week fiscal year was $7.367 billion ($16.56 per diluted share).
Costco said net cash provided by operating activities for the 52-week fiscal year was $11,339 million. Cash dividend payments were $9,041 million (53-week prior year: $1,251 million), resulting in net cash used in financing activities of $10,764 million. Cash and cash equivalents at year-end fell to $9,906 million from $13,700 million at the end of the prior year.
Costco said total company comparable sales for the 16-week period rose 5.4%, or 6.9% excluding the impacts from changes in gasoline prices and foreign exchange. Over the same period, e-commerce comparable sales increased 18.9% (19.5% adjusted).
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
16-week Q4 and 52-week fiscal year net sales
Costco said net sales for the 16-week Q4 rose 1.0% from $78.2 billion in the 17-week year-ago period to $77.4 billion. For the full year, net sales for the 52-week fiscal year grew 5.0% to $249.6 billion from $237.7 billion in the 53-week prior year.
Source · Based on the filing body and exhibits
Q4 and full-year net income, and one-time tax items
Costco said net income for the 16-week Q4 was $2.354 billion ($5.29 per diluted share), and that it included a net non-recurring tax benefit of $63 million related to a transfer pricing settlement and true-ups of tax reserves. Net income for the 52-week fiscal year was $7.367 billion ($16.56 per diluted share).
Source · Based on the filing body and exhibits
52-Week Full-Year Operating Cash Flow and Dividend Payments
Costco said net cash provided by operating activities for the 52-week fiscal year was $11,339 million. Cash dividend payments were $9,041 million (53-week prior year: $1,251 million), resulting in net cash used in financing activities of $10,764 million. Cash and cash equivalents at year-end fell to $9,906 million from $13,700 million at the end of the prior year.
Source · Based on the filing body and exhibits
Total Company and E-commerce Comparable Sales Growth
Costco said total company comparable sales for the 16-week period rose 5.4%, or 6.9% excluding the impacts from changes in gasoline prices and foreign exchange. Over the same period, e-commerce comparable sales increased 18.9% (19.5% adjusted).
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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