sectors
Consumer Staples
Costco separates membership fees from merchandise net sales; Target presents net sales as its revenue caption. The different presentations make denominator selection important. Comparing operating income with a total that omits part of one company’s revenue would create a mechanical inconsistency. Coverage in this edition: Costco Wholesale Corporation (COST), Target Corporation (TGT). Reading approach Reconcile merchandise sales, membership fees, total revenue and operating costs before comparing margins. Keep the 52-week reporting periods visible. Comparison limits Merchandise mix, store costs, foreign exchange and the role of membership economics limit direct comparison. The two selected issuers do not establish an industry average. Classification note Sector names are editorial research groupings for this website, not a licensed or issuer-confirmed classification. Figures, dates and source links are provided on the company and report pages.
Two retail revenue structures: Reported FY2025 Results →