For the quarter, Costco reported a profit of $1.8 billion, or $4.04 a share, compared with $1.6 billion, or $3.58 a share, in the same period a year earlier. Excluding a tax benefit related to stock-based compensation, Costco’s earnings came in at $3.82 a share.

Analysts polled by FactSet expected earnings of $3.79 a share.
Revenue came in at $62.2 billion, ahead of the $62.05 billion expected by analysts. Same-store sales rose 5.2%.

The wholesaler logged $1.17 billion in membership fees in the fourth quarter, up from $1.08 billion it made during the same period last year.

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