Gary Millership
Chief Financial Officer
Replay available
Costco Wholesale Corporation (NASDAQ: COST) Q3 2025 earnings conference call, held 2025-05-29. Replay captured from the company's public earnings webcast.

Chief Financial Officer
President and Chief Operating Officer
Analyst, Morgan Stanley
Analyst, J.P. Morgan
Analyst, UBS
Analyst, Truist
Analyst, Bernstein
Analyst, Evercore ISI
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WEBVTT 00:00:00.031 -- 00:00:03.074 followed by the number 1 on your telephone keypad. 00:00:03.074 -- 00:00:06.337 If you would like to withdraw your question, press star 1 a second time. 00:00:06.337 -- 00:00:11.681 Thank you. And I would now like to turn the conference over to Gary Millership, 00:00:11.681 -- 00:00:15.225 Chief Financial Officer. You may begin. 00:00:15.225 -- 00:00:20.189 Good afternoon, everyone, and thank you for joining Costco's third quarter 2025 earnings 00:00:20.189 -- 00:00:25.134 call. I'd like to start by reminding you that these discussions will include forward-looking 00:00:25.134 -- 00:00:30.777 statements within the meaning of the Private Securities Litigation Reform Act of 1995. 00:00:30.777 -- 00:00:35.683 These statements involve risks and uncertainties that may cause actual events, results, 00:00:35.683 -- 00:00:40.648 and or performance to differ materially from those indicated by such statements. 00:00:40.648 -- 00:00:45.374 The risks and uncertainties include, but are not limited to, those outlined in today's 00:00:45.374 -- 00:00:50.479 call, as well as other risks identified from time to time in the company's public statements 00:00:50.479 -- 00:00:53.403 and reports filed with the SEC. 00:00:53.403 -- 00:00:56.647 Forward-looking statements speak only as of the date they are made. 00:00:56.647 -- 00:01:01.833 and the company does not undertake to update these statements except as required by law. 00:01:01.833 -- 00:01:06.939 Comparable sales and comparable sales excluding impacts from changes in gasoline prices 00:01:06.939 -- 00:01:11.725 and foreign exchange are intended as supplemental information and are not intended as 00:01:11.725 -- 00:01:16.010 substitutes for net sales presented in accordance with GAAP. 00:01:16.01...