Costco posts mixed Q4 results

ISSAQUAH, Wash. — Costco Wholesale Corp. reported Q4 net earnings of $1.1 billion or $2.47 per share, just missing the Zacks Consensus Estimate of $2.54 per share. Excluding one-time costs, however, earnings came to $2.69 per share. Overall, revenues totalled $47.5 billion. Same-store sales in the U.S., excluding gas, logged a smaller-than-expected 5.2% increase. For the fiscal year, profits were $3.66 billion ($8.26 per share) and total revenues were $152.7 billion.