Costco Wholesale

Q4 FY2026 EarningsFY26 beat consensus across all major financial metrics, with total revenue reaching $303.2B vs. $302.0B expected and Diluted EPS (GAAP) of $20.76 exceeding the $20.56 mean estimate. Strong top-line growth was driven by an 8% increase in comparable sales and a 21% surge in digitally-enabled sales. Membership fee revenue grew 11% YoY to $5.9B, supported by the September 2024 fee increase. Management guided FY27 capital expenditures to $7.5B, signaling continued aggressive warehouse expansion despite high market expectations.