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Costco sees FY24 capital expenditures north of $4.4B-$4.6B
The Fly

Costco sees FY24 capital expenditures north of $4.4B-$4.6B

Sees FY24 tax rate 26%-27%. Expects 28 new units in FY24. Says Costco logistics enjoyed record breaking deliveries. Says opened first sushi program offering. Says Q2 inflation was flat. Says inventories and skews are in good shape. Says experiencing some delays. Says has no meaningful price issues. Comments and guidance taken from Q2 earnings conference call.

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