Costco Wholesale (NASDAQ:COST) is set to give its latest quarterly earnings report on Thursday, 2026-03-05. Here's what investors need to know before the announcement.
Analysts estimate that Costco Wholesale will report an earnings per share (EPS) of $4.54. 
The announcement from Costco Wholesale is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.07, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Costco Wholesale's past performance and the resulting price change:
<table>
<thead>
<tr>
<th>Quarter</th>
<th align="right">Q1 2026</th>
<th align="right">Q4 2025</th>
<th align="right">Q3 2025</th>
<th align="right">Q2 2025</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td align="right">4.27</td>
<td align="right">5.81</td>
<td align="right">4.23</td>
<td align="right">4.10</td>
</tr>
<tr>
<td>EPS Actual</td>
<td align="right">4.34</td>
<td align="right">5.87</td>
<td align="right">4.28</td>
<td align="right">4.02</td>
</tr>
<tr>
<td>Price Change %</td>
<td align="right">0.00</td>
<td align="right">-2.90</td>
<td align="right">3.12</td>
<td align="right">-6.07</td>
</tr>
</tbody>
</table>
<img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1772632900_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="eps graph" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1772632900_0.png"/>

<h3>Costco Wholesale Share Price Analysis</h3>
Shares of Costco Wholesale were trading at $1007.77 as of March 03. Over the last 52-week period, shares are down 1.84%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<h3>Get to Know Costco Wholesale Better</h3>
Founded in 1983, Costco Wholesale now operates a global chain of membership-based warehouse clubs, delivering high-quality goods and services at consistently low prices. As of its most recent fiscal year, Costco operated approximately 910 warehouses, serving more than 80 million members across its three geographic segments: Costco US (approximately 73% of total revenue), Costco Canada (13%), and Costco International (14%).Costco's core value proposition—quality products at unbeatable prices—has yielded consistently strong member renewal rates (93% in the US and Canada and nearly 90% internationally). About 55% of Costco's fiscal 2025 revenue came from its grocery offerings, and another 25% from general merchandise.
<h3>Key Indicators: Costco Wholesale's Financial Health</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Costco Wholesale showcased positive performance, achieving a revenue growth rate of 8.3% as of 30 November, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Net Margin: Costco Wholesale's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 2.97%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Costco Wholesale's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.73%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Costco Wholesale's ROA stands out, surpassing industry averages. With an impressive ROA of 2.5%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Costco Wholesale's debt-to-equity ratio is below the industry average at 0.27, reflecting a lower dependency on debt financing and a more conservative financial approach.
To track all earnings releases for Costco Wholesale visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COTG

COST

Costco Wholesale (NASDAQ:COST) will report its quarterly earnings on March 5, 2026, with analysts estimating an EPS of $4.54. The company previously beat EPS estimates by $0.07, but shares dropped 0.0% the following day. Currently, shares are trading at $1007.77, down 1.84% over the past year. Costco operates 910 warehouses globally, with strong member renewal rates. Financially, Costco shows positive revenue growth of 8.3%, but its net margin of 2.97% is below industry averages. The company has a strong ROE of 6.73% and a low debt-to-equity ratio of 0.27.

A Preview Of Costco Wholesale's Earnings