Costco Wholesale beats quarterly comparable sales estimates

Costco Wholesale

05/03/2026 21:18

March 5 (Reuters) - Costco Wholesale COST.O beat Wall Street estimates for second-quarter comparable sales on Thursday, helped by resilient holiday-season demand for affordable essentials as well as "nice-to-have" items at its membership-only stores.

The company's quarterly same-store sales, excluding gas, rose 6.7%, compared with analysts' estimates of a 5.88% rise, according to data compiled by LSEG.

 (Reporting by Sanskriti Shekhar in Bengaluru; Editing by Alan Barona)

 ((Sanskriti.Shekhar@thomsonreuters.com))