Overview
- In Q3 fiscal 2026 Costco reported $1.37 billion in membership fee income, a 10.7% year‑over‑year rise that outpaced overall sales growth.
- U.S. and Canada renewal rates remained about 92% and paid memberships and executive‑level memberships grew, reinforcing a predictable recurring revenue stream.
- Costco is broadening its footprint with 931 warehouses worldwide, which brings new member signups and boosts merchandise sales at each new location.
- The company has raised maximum hourly pay and boosted annual bonuses while keeping first‑year turnover low, which helps staff deliver faster service and sharper in‑store knowledge for members.
- Digitally enabled comparable sales rose about 21.5%, showing that online channels are scaling alongside physical expansion and strengthening the membership cycle.