Overview
- Revenue reached $69.60 billion versus expectations of about $69.27 billion and EPS was $4.58 versus $4.55, with net income up nearly 14% to $2.035 billion.
- Comparable sales rose 7.4% for the quarter, or 6.7% excluding gasoline and currency, while digitally enabled comps jumped 22.6% and February comps increased 7.9% (7.0% adjusted).
- Membership fee income grew 13.6% to $1.355 billion as total paid members reached about 82.1 million and the worldwide renewal rate held near 89.7%.
- Operating cash flow totaled $7.68 billion for the first 24 weeks and cash balances rose to $17.38 billion, with 924 warehouses open, about 28 net new openings planned in fiscal 2026, and full‑year CapEx near $6.5 billion.
- Costco, which sued over IEEPA tariffs later struck down by the Supreme Court, said refund timing remains unclear and any proceeds would be used to lower prices, while shares were little changed after the report.