Costco's quarterly profit exceeds expectations, driven by growth in merchandise sales and membership fees | Earnings Report Insights

Wallstreetcn
2026.03.05 23:40
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Costco announced its fiscal Q2 earnings for the fiscal year 2026, with net sales increasing by 9.1% year-on-year to reach USD 68.24 billion, and net profit of USD 2.035 billion, with diluted earnings per share of USD 4.58. The growth in merchandise sales and membership fee income drove the performance improvement, with the stock price rising 2.46% in after-hours trading. Comparable sales in the digital channel grew by 22.6%. Comparable sales growth was achieved in the United States, Canada, and other international markets