Costco, Micron, and FedEx: Earnings news roundup
Costco Wholesale Corporation (COST) reports earnings
Costco Wholesale Corporation (COST) has submitted its 10-Q filing for the quarterly period ended November 24, 2024.
The filing includes financial statements for the quarter, showing an increase in net sales to $60,985 million from $56,717 million in the same quarter the previous year. The increase is attributed to higher comparable sales and the opening of 26 new warehouses.
Accenture plc (ACN) reports earnings
Accenture plc (ACN) has submitted its 10-Q filing for the quarterly period ended November 30, 2024.
The filing includes financial statements for the quarter, showing revenues of $17.7 billion, an increase of 9% in U.S. dollars and 8% in local currency compared to the same period last year. The increase was driven by growth across all geographic markets and industry groups.
Micron Technology Inc. (MU) reports earnings
Micron Technology Inc. (MU) has submitted its 10-Q filing for the quarterly period ended November 28, 2024.
The filing reports total revenue of $8.709 billion for the quarter, an increase from $4.726 billion in the same quarter the previous year. The increase is attributed to higher sales of DRAM and NAND products.
Synopsys Inc. (SNPS) reports earnings
Synopsys Inc. (SNPS) has released its annual 10-K report filing for the fiscal year ended October 31, 2024.
The report details a 15% increase in revenue to $6.1 billion, driven by growth across all product lines and geographic regions. This includes a significant increase in both the Design Automation and Design IP segments.
FedEx Corporation (FDX) reports earnings
FedEx Corporation (FDX) has submitted its 10-Q filing for the quarterly period ended November 30, 2024.
The filing details a 1% decrease in revenue for the quarter to $21,967 million compared to $22,165 million in the same period the previous year. Operating income for the quarter was $1,052 million, down from $1,276 million in the prior year, attributed to lower demand for U.S. domestic package and freight services.