Costco Wholesale Corporation · NASDAQ:COST
Costco Wholesale — Q2 2026 Earnings Presentation
9 slides from Costco Wholesale's earnings presentation, Mar 5, 2026
Slide 1: 2nd Quarter FY 2026 Supplemental Information
2nd Quarter FY 2026 Supplemental Information 1
Slide 2: Q2 Highlights - Sales
Q2 Highlights - Sales $68.2B +7.4% +4.2% +22.6% Comparable Ticket Net Sales Comparable Sales +3.1% Digitally-Enabled Comparable Sales +6.7% Comparable Traffic +3.5% +21.7% +9.1% Growth Adjusted Adjusted Digitally-Enabled Adjusted Comparable Sales1 Comparable Ticket1 Comparable Sales2 1 - Excluding i
Slide 3: Q2 Highlights – Sales - Segment Reporting
Q2 Highlights – Sales - Segment Reporting Other Total Comp Sales US Canada International Company Sales +5.9% +10.1% +13.0% +7.4% Ticket +3.4% +5.5% +8.0% +4.2% Traffic +2.4% +4.3% +4.6% +3.1% Adjusted Other Total US Canada Comp Sales1 International Company Sales +6.4% +7.6% +7.1% +6.7% Ticket +3.9%
Slide 4: Q2 Highlights - Financial Performance
Q2 Highlights - Financial Performance Gross Margin SG&A 11.02% 9.19% Net Income +17 bps vs. Q2 FY’25 -13 bps vs. Q2 FY’25 +11 bps ex. gas impact -8 bps ex. gas impact $2.04B Reported Ex Gas1 Reported Ex Gas1 +13.8% Growth Core -3bps -7bps Ops -2bps +2bps Other Bus +19bps +17bps Central -4bps -3bps D
Slide 5: Q2 Highlights - Membership
Q2 Highlights - Membership +13.6% 89.7% Membership Income Worldwide Membership Growth Renewal Rate +12.2% Membership Income 92.1% Growth ex-FX US/CN Renewal Rate 82.1MM 40.4MM Paid Memberships Executive Memberships +4.8% Growth 147.2MM 75.8% Total Cardholders Penetration of Sales to +4.7% Growth Exe
Slide 6: Q2 Highlights - Digital
Q2 Highlights - Digital +22.6% +21.7% Digitally-Enabled Adjusted Digitally-Enabled Comparable Sales Comparable Sales1 Top Sales Categories: - Gold/Jewelry - Toys - Small Electrics - Housewares - Pharmacy Digital Metrics: - Total App visits: +63% - Ecommerce Site Traffic: +32% - Ecommerce Average Ord
Slide 7: Q2 Highlights - Warehouse Expansion
Q2 Highlights - Warehouse Expansion West Roseville, CA: 1/23/26 East Gwillimbury, ON (Business Center): 12/6/25 Rest of FY FY’26 End FY’25 End FY’26 Q1 FY’26 Q2 (Estimated) (Estimated) US 629 4 1 15 649 Canada 110 2 2 1 115 Other International 175 1 - 2 178 Total 914 7 3 18 942 7
Slide 8: Q2 Highlights - New Member Values
Q2 Highlights - New Member Values Lowering Everyday Low Prices New Items KS Org Coconut Water KS Butter 330mL KS Double Chocolate KS Crispy Wings From $13.89 to $8.49* From $12.79 to $10.99 Mint Sundae KS 3Ply Facial Tissue KS Organic Seaweed KS Women’s Ottoman Full KS ABF Blackened Salmon From $16.
Slide 9: Safe Harbor
Safe Harbor 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 developments that t