Business
Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal 2026 and February Sales Results
ISSAQUAH, Wash., March 05, 2026 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating
About this update from Costco Wholesale Corporation
[{"type":"text","content":"ISSAQUAH, Wash., March 05, 2026 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2026, ended February 15, 2026.\n Net sales for the quarter increased 9.1 percent, to $68.24 billion, from $62.53 billion last year. Net sales for the first 24 weeks increased 8.7 percent, to $134.22 billion, from $123.52 billion last year.\n Comparable sales for the second quarter and first 24 weeks of fiscal 2026 were as follows:\n 12 Weeks 12 Weeks 24 Weeks 24 Weeks Adjusted* Adjusted* U.S.5.9% 6.4% 5.9% 6.1% Canada10.1% 7.6% 8.3% 8.3% Other International13.0% 7.1% 11.0% 7.0% Total Company7.4% 6.7% 6.9% 6.5% Digitally-Enabled22.6% 21.7% 21.6% 21.2% \n *Excluding the impacts from changes in gasoline prices and foreign exchange.\n Net income for the quarter was $2,035 million, $4.58 per diluted share, compared to $1,788 million, $4.02 per diluted share, last year. Net income for the first 24 weeks was $4.04 billion, $9.08 per diluted share, compared to $3.59 billion, $8.06 per diluted share, last year.\n For the four-week reporting month of February, ended March 1, 2026, the Company reported net sales of $21.69 billion, an increase of 9.5 percent from $19.81 billion last year. Net sales for the first 26 weeks were $144.85 billion, an increase of 8.6 percent from $133.36 billion last year.\n Comparable sales for the February and year-to-date periods ended March 1, 2026, were as follows:\n 4 Weeks 4 Weeks 26 Weeks 26 Weeks Adjusted* Adjusted* U.S.5.2% 6.0% 5.8% 6.1% Canada12.8% 9.3% 8.5% 8.2% Other International17.9% 10.9% 10.7% 6.6% Total Company7.9% 7.0% 6.8% 6.4% Digitally-En...