Corrected: Costco Wholesale Q3 net sales rise on strong growth across all regions

Costco Wholesale

28/05/2026 21:28

Corrects reporting period to Q3 from Q2 in Key Details table

Overview
U.S. warehouse retailer's fiscal Q3 net sales rose 11.6% yr/yr
Fiscal Q3 net income and diluted EPS increased from a year earlier
Comparable sales growth strong across all regions, with digitally-enabled sales up 21.5%

Outlook
Company did not provide specific guidance or outlook for the current or upcoming quarters

Result Drivers
DIGITAL SALES GROWTH - Digitally-enabled sales rose 21.5% in the quarter, contributing to overall revenue growth
MEMBERSHIP FEES - Membership fee revenue increased to $1.37 bln from $1.24 bln a year earlier, supporting total revenue

Company press release: ID:nGNX2CLnFz

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net sales
 
$69.15 bln
 
Q3 Net Income
 
$2.19 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the discount stores peer group is "buy"
Wall Street's median 12-month price target for Costco Wholesale Corp is $1,100.00, about 9.6% above its May 27 closing price of $1,003.69
The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 44 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)