Costco (COST): FY25 Q1 earnings call, Dec 12, 2024

Thu, Dec 12Earnings callSpeaker-labelled transcriptCostco

No Kalshi or Polymarket word markets were listed for Costco’s Dec 12, 2024 earnings call (FY25 Q1). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

21 matches for “Membership”; 5 quoted, at least 25 words apart.

Ron Vachriscompanyprepared

…of these milestones reflect the continued strength of our business across the membership offering. These great results are a reflection of the outstanding work done…

Gary Millerchipcompanyprepared

…and up 2.3% in the US. Moving down the income statement to membership fee income. We reported membership fee income of $1.166 billion, an increase…

Gary Millerchipcompanyprepared

…lower rate than our base as a whole. Underlying renewal rates and membership growth remain strong, but this mix shift is likely to have a…

Gary Millerchipcompanyprepared

…year over year. At Q1 end, we had 36.4 million paid executive memberships, up 9.2% versus last year. And executive members now represent 46.8% of…

Gary Millerchipcompanyprepared

…down low double digits. Costco travel is another way we deliver unique membership value and these services continue to resonate well with our members. We…

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