US EditionCostco Wholesale Corporation Reports First Quarter Fiscal Year 2026 Operating Results
Costco's Q1 revenue rose 8% year over year to $67.31 billion, driven by membership fees, digital sales up 20.5%, and strong holiday demand, beating Wall Street forecasts.
- Thursday's report showed Costco Wholesale Corp. said Dec. 11 that revenue was $67.31 billion and EPS of $4.50, exceeding estimates.
- Holiday-Season demand and value-seeking shoppers boosted in-store sales, while digitally-enabled comparable sales rose 20.5% aided by Instacart, UberEats and DoorDash, CFO Gary Millerchip said.
- Same-Store sales excluding gas rose 6.4%, while U.S. comparable sales climbed 5.9%, driven by 2.6% traffic and 3.2% transaction size increases, with net income $2 billion for the quarter.
- Shares fell slightly after hours to a share price of $877.71, following a closing price of $884.48 on Thursday and a market value of $392.67 billion.
- Costco planned 21 more warehouse openings this year and said paid memberships rose 5.82% to 81.4 million, despite a slight decline in renewal rates.
21 Articles
21 Articles
Costco shatters records with massive pizza and pie sales during holiday season
Costco Wholesale is moving through the holiday season with momentum, unveiling a string of record-breaking sales that helped drive a stronger-than-expected first quarter. During the retail giant's Q1 2026 earnings call Thursday, CFO Gary Millerchip pointed to a few "fun facts about the holiday selling season so far," including unprecedented pizza, pie and e-commerce sales.Holiday sales highlights:Approximately 358,000 whole pizzas were served at…
Costco beats quarterly earnings estimates on strong demand | Honolulu Star-Advertiser
Costco Wholesale beat Wall Street estimates for first-quarter revenue and profit today, as consumers snapped up affordable essentials and nice-to-have items at its stores ahead of the crucial holiday season.
Costco is firing on all cylinders — and shoppers are loving it
This holiday season has been a record-setting one for Costco.Scott Olson/Getty ImagesCostco reported first-quarter net sales of nearly $66 billion, up 8.2% from last year.In the US, comparable sales grew 5.9% with increases in both traffic and ticket size.CEO Ron Vachris said the company's expansion is both faster and more productive than just two years ago.Costco just keeps cruising.The wholesale club delivered net sales of $65.98 billion for t…
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