“付费会员”模式显威力！好市多Q2利润超预期，销售额逆市增长

智通财经03-06

智通财经APP获悉，好市多(COST.US)季度利润增长超出预期，显示这家大型零售商正从持续的销售增长中获益。财报显示，好市多第二季度，营收达 696 亿美元，同比增长 9.2%，超出预期 2.8 亿美元；调整后每股收益为4.58美元，比平均预期高出3美分。该季度会员费总收入达13.6亿美元，超出市场预期。截至2月15日的季度，同店销售额增长7.4%，高于市场普遍预期的6.7%。该季度平均客单价...

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Costco Q2 Profit Beats Estimates, Sales Grow Against Market","themeId":"","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/42f71462c364bdca359da679753fac17","symbols_score_info":{"COST":1.96},"content_text":"智通财经APP获悉，好市多(COST.US)季度利润增长超出预期，显示这家大型零售商正从持续的销售增长中获益。财报显示，好市多第二季度，营收达 696 亿美元，同比增长 9.2%，超出预期 2.8 亿美元；调整后每股收益为4.58美元，比平均预期高出3美分。该季度会员费总收入达13.6亿美元，超出市场预期。截至2月15日的季度，同店销售额增长7.4%，高于市场普遍预期的6.7%。该季度平均客单价增长4.2%，客流量增长3.1%。这家大型零售商表示，美国同店销售额增长5.9%(高于市场普遍预期的5.7%)。剔除汽油价格和汇率波动的影响后，美国同店销售额增长6.4%，整体增长6.7%。这两项数据均超出分析师的普遍预期。凭借大包装规格和独特的商品选择，好市多吸引了注重性价比的消费者——尤其是可支配收入更高的群体，从而赢得了市场份额。该零售商还扩展了电子商务和配送服务，并为高级会员增设了专属购物时段。根据公司文件，本季度其全球和美国市场的会员续卡率略低于去年同期，与前一季度基本持平。黄金、珠宝、玩具和小型电子产品是本期最畅销的品类。好市多在全世界拥有800多家门店，其不断变换的商品种类(包括从龙舌兰酒到巧克力派无所不包的科克兰自有品牌)赢得了消费者的青睐。购物者需支付年度会员费，且通常属于较富裕群体——这正是当前美国消费支出的主力军。好市多一直在电商领域努力追赶，其数字销售增速已超过整体销售增速。最近一个季度，好市多电子商务销售额增长近22%，超出平均预期。该零售商正与Instacart等第三方配送公司合作，同时扩展蛋糕配送和熟食拼盘等服务。这有助于吸引年轻消费者，不过该群体的会员续费率低于其他客群。有望获得关税退款美国国际贸易法院周三裁定，美国海关与边境保护局必须退还此前依据《国际紧急经济权力法》(IEEPA)征收的关税，此案由汽车零部件制造商Atmus Filtration Technologies(ATMU.US)提起。该裁决被认为可能加快向过去一年缴纳相关关税的企业退税进程，从大型零售商好市多(COST.US)、物流巨头联邦快递(FDX.US)，到众多因进口成本上升而承压的小型企业，都可能从中受益。这一决定是在美国最高法院此前裁定特朗普政府依据IEEPA征收的大部分关税不合法之后作出的。最高法院当时将是否退税的问题交由拥有专属管辖权的美国国际贸易法院处理。特朗普政府此前对该裁决表示不满，并在寻找新的法律路径继续对进口商品征收关税。政府方面曾表示，如果被迫退还已经征收的关税，执行过程将“极其复杂”。作出此次裁决的法官Richard Eaton表示，与IEEPA关税退款相关的案件将由其一人审理。Cato Institute经济政策副总裁Scott Lincicome形容法官的指令“简单得令人惊讶”，即向所有进口商退款，而且要尽快完成。他指出，这一裁定对市场而言“相当于一枚重磅炸弹”。国际贸易律师Doug Jacobson表示，该命令意味着自去年4月底以来缴纳的IEEPA关税都应被退还。根据宾夕法尼亚大学沃顿商学院预算模型的估算，美国海关此前已通过IEEPA关税征收约1750亿美元，这些资金如今需要连同利息一并退还给进口商。该裁决意味着进口商无需逐一提起诉讼即可获得退款。此前，包括好市多、联邦快递、丰田汽车(TM.US)等在内的企业已就关税问题提起法律诉讼。Jacobson表示，国际贸易法院目前积压的2000多起相关案件预计将因这一裁定而统一解决。Lincicome称，这对许多没有资源打官司的小企业而言是“一次胜利”。理想情况下，美国海关与边境保护局可以通过其已经数字化的报关系统自动向企业退还关税。业内人士认为，如果政府选择快速执行，企业可能在数月内收到退款。不过，一些法律专家预计政府可能会尝试延缓执行。曾任美国贸易代表办公室官员、现任King & Spalding合伙人的Ryan Majerus表示，政府可能申请暂缓执行或延长实施期限。Lincicome也认为，政府可能通过上诉或加强报关审查等方式拖延退款进程。在另一份提交给法院的文件中，美国政府已确认将对退款支付利息。Cato Institute本周发布的一份报告估算，如果政府延迟退款，每拖延一个月，利息成本可能增加约7亿美元。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2617572078","isCrawlerRequest":true}