Membership-only discount retailer Costco (NASDAQ: COST) will be reporting results this Thursday afternoon. Here’s what to expect.

Costco met analysts’ revenue expectations last quarter, reporting revenues of $67.31 billion, up 8.3% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ gross margin estimates but EBITDA in line with analysts’ estimates.

Is Costco a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Costco’s revenue to grow 8.4% year on year, in line with the 9% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Costco has missed Wall Street’s revenue estimates multiple times over the last two years.

With Costco being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for non-discretionary retail stocks. However, the whole sector has been hit hard over the last month as stocks in Costco’s peer group are down 3.6% on average. Costco is up 4.1% during the same time .

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