Overview
- Costco reported fiscal third-quarter results Thursday showing about $70.5 billion in total revenue and roughly $2.19 billion in net income, with earnings per share of $4.93.
- The company said the final five weeks of the quarter produced its five highest fuel-volume weeks ever, and gasoline traffic helped lift overall comparable sales to a 9.8% gain.
- Digitally enabled comparable sales accelerated about 20–22% as website and app visits rose sharply and personalized e-commerce tools boosted online conversion.
- Management said gross margin compressed modestly to roughly 11.04% from 11.25% due to lower fresh-food margins and higher transportation costs.
- Costco has filed tariff-refund claims with the U.S. government, said any approved refunds would be returned to members, and the company plans to keep expanding warehouses and investing in digital and AI capabilities.