Global Finance News
25 Sep 2026, 17:52
Costco Rises 2.7% After Strong Q4 Sales and Earnings Growth
Costco Wholesale (NASDAQ: COST) shares rose about 2.7% after the retailer reported strong fourth-quarter and full-year fiscal 2026 results, supported by double-digit sales growth, higher earnings and continued strength in digitally enabled sales.
Fourth-quarter net sales increased 11.2% year over year to $93.9 billion, while total comparable sales rose 9.4%. On an adjusted basis, excluding gasoline-price and foreign-exchange effects, comparable sales increased 6.7%, with U.S. adjusted comparable sales up 7.2%. Digitally enabled sales were especially strong, rising 19.8% on an adjusted basis.
Net income for the quarter increased to $2.998 billion, or $6.75 per diluted share, from $2.610 billion, or $5.87 per share, a year earlier. Results included a $0.15-per-share benefit from IEEPA tariff refunds, partially offset by reinvestment into increased member value.
For the full fiscal year, Costco reported net sales of $297.2 billion, up 10.1%, while net income rose to $9.226 billion from $8.099 billion. The stock’s gain likely reflects the combination of resilient comparable-sales growth, strong digital momentum and solid earnings expansion.
Costco Wholesale (NASDAQ: COST) shares rose about 2.7% after the retailer reported strong fourth-quarter and full-year fiscal 2026 results, supported by double-digit sales growth, higher earnings and continued strength in digitally enabled sales.
Fourth-quarter net sales increased 11.2% year over year to $93.9 billion, while total comparable sales rose 9.4%. On an adjusted basis, excluding gasoline-price and foreign-exchange effects, comparable sales increased 6.7%, with U.S. adjusted comparable sales up 7.2%. Digitally enabled sales were especially strong, rising 19.8% on an adjusted basis.
Net income for the quarter increased to $2.998 billion, or $6.75 per diluted share, from $2.610 billion, or $5.87 per share, a year earlier. Results included a $0.15-per-share benefit from IEEPA tariff refunds, partially offset by reinvestment into increased member value.
For the full fiscal year, Costco reported net sales of $297.2 billion, up 10.1%, while net income rose to $9.226 billion from $8.099 billion. The stock’s gain likely reflects the combination of resilient comparable-sales growth, strong digital momentum and solid earnings expansion.
