Costco FY2026 Q4 Earnings

Actual Outcomes

• • Q4 net sales rose 11.2% to $93.873 billion; adjusted comparable sales rose 6.7%, with traffic and adjusted ticket each up 3.3%.
• • Diluted EPS was $6.75, including a non-recurring $0.15 benefit from IEEPA tariff refunds net of partial reinvestment in member values.
• • U.S./Canada renewal reached 92.3%, worldwide renewal 89.8%, paid memberships 84.1 million, and Executive memberships 42.3 million.
• • Adjusted digital comparable sales rose 19.8%, and management's estimated FY2027 ending warehouse count of 967 implies 28 net additions from 939.
• • No complete call transcript was available; release and filed supplement evidence was used, with no call-only claims.

Market Reaction