Costco Wholesale Corporation · NASDAQ:COST
Costco Wholesale — Q3 2026 Earnings Presentation
9 slides from Costco Wholesale's earnings presentation, May 28, 2026
Slide 1: Supplemental Information Third Quarter FY 2026
Supplemental Information Third Quarter FY 2026
Slide 2: Sales | Q3 Highlights
Sales | Q3 Highlights +9.8% +7.3% +21.5% Comparable Sales Comparable Ticket Digitally-Enabled Comparable Sales $69.2B +2.4% Net Sales Comparable Traffic +11.6% Growth +6.6% +4.2% +20.8% Adjusted Adjusted Adjusted Comparable Sales1 Comparable Ticket1 Digitally-Enabled Comparable Sales2 1 - Excluding
Slide 3: Segment Reporting - Sales | Q3 Highlights
Segment Reporting - Sales | Q3 Highlights Other Total Comp Sales US Canada International Company Sales +9.4% +10.7% +11.2% +9.8% Ticket +7.5% +6.0% +8.1% +7.3% Traffic +1.8% +4.4% +2.9% +2.4% Adjusted Other Total Comp Sales1 US Canada International Company Sales +6.8% +6.2% +5.9% +6.6% Ticket +5.0%
Slide 4: Membership
Membership | Q3 Highlights +10.7% 89.7% Membership Income Worldwide Membership Growth Renewal Rate +9.9% 92.2% Membership Income US/CN Renewal Rate Growth ex-FX 82.9MM 41.2MM Paid Memberships Executive +4.1% Growth Memberships 148.5MM 75.0% Total Cardholders Penetration of Sales to +4.0% Growth Exec
Slide 5: Financial Performance | Q3 Highlights
Financial Performance | Q3 Highlights Gross Margin SG&A Net Income 11.04% 8.96% -21 bps vs Q3 FY’25 +20 bps vs Q3 FY’25 +1 bps ex. gas impact +2 bps ex. gas impact $2.19B Reported Ex Gas1 Reported Ex Gas1 +15.2% Growth Core -46bps -29bps Ops +12bps -3bps Other Bus +9bps +14bps Central +3bps +1bp Dil
Slide 6: Digital | Q3 Highlights
Digital | Q3 Highlights Digitally-Enabled Adjusted Digitally-Enabled Top Sales Growth Categories: Comparable Sales Comparable Sales1 ● Pharmacy +21.5% +20.8% ● Gold & Jewelry ● Home Furnishings Ecommerce ● Tires Site & App Traffic ● Housewares +37% ● Majors Digital Enhancements: ● Scaling of push no
Slide 7: Warehouse Expansion | Q3 Highlights
Warehouse Expansion | Q3 Highlights Liberty Hill, TX: 3/11/26 Q4 FY’25 FY’26 FY’26 FY’26 Rest of FY FY’26 End End Q1 Q2 Q3 (Estimated) (Estimated) US 629 4 1 3 11 648 South St. George, UT: 3/13/26 Canada 110 2 2 1 - 115 Other International 175 1 - - 1 177 Total 914 7 3 4 12 940 7
Slide 8: New Member Values | Q3 Highlights
New Member Values | Q3 Highlights Lowering Everyday New Items Low Prices KS Milk Chocolate KS Crispy Wings Almonds KS Sparkling Energy KS French Roast 120ct From $16.99 to $14.99 From $19.99 to $18.99 Drink Kcups KS Golf Ball KS Sheets King KS Oven Roasted Chicken KS Chicken Strip w/Dipping From $32
Slide 9: Safe Harbor
Safe Harbor | Q3 Highlights Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or dev