Global Finance News
05 Sep 2026, 19:04
Costco August Sales Rise 9.9% as Digital Growth Remains Strong
Costco Wholesale (NASDAQ: COST) reported another month of solid sales growth, with August net sales rising 9.9% year over year to $23.70 billion from $21.56 billion.
Comparable sales increased 8.4% companywide, including a 9.0% increase in the U.S., 4.0% in Canada and 9.5% across other international markets. Digitally enabled comparable sales were particularly strong, climbing 17.9%.
Excluding the effects of gasoline prices and foreign exchange movements, total comparable sales increased 5.4%, with U.S. comparable sales up 5.6%. The later timing of Labor Day negatively affected August total and comparable sales by just under 75 basis points.
Costco Ends Fiscal 2026 With Strong Growth
For the 16-week fiscal fourth quarter, Costco generated $93.9 billion in net sales, up 11.3% year over year, while comparable sales increased 9.4%. Full-year net sales reached $297.3 billion, representing growth of 10.2%.
Costco’s digital business remained a standout, with digitally enabled comparable sales rising 20.9% for the full fiscal year. The results point to continued strength in Costco’s membership-driven retail model and solid consumer demand heading into fiscal 2027.
Costco Wholesale (NASDAQ: COST) reported another month of solid sales growth, with August net sales rising 9.9% year over year to $23.70 billion from $21.56 billion.
Comparable sales increased 8.4% companywide, including a 9.0% increase in the U.S., 4.0% in Canada and 9.5% across other international markets. Digitally enabled comparable sales were particularly strong, climbing 17.9%.
Excluding the effects of gasoline prices and foreign exchange movements, total comparable sales increased 5.4%, with U.S. comparable sales up 5.6%. The later timing of Labor Day negatively affected August total and comparable sales by just under 75 basis points.
Costco Ends Fiscal 2026 With Strong Growth
For the 16-week fiscal fourth quarter, Costco generated $93.9 billion in net sales, up 11.3% year over year, while comparable sales increased 9.4%. Full-year net sales reached $297.3 billion, representing growth of 10.2%.
Costco’s digital business remained a standout, with digitally enabled comparable sales rising 20.9% for the full fiscal year. The results point to continued strength in Costco’s membership-driven retail model and solid consumer demand heading into fiscal 2027.
