Costco reported calendar third-quarter 2026 results that beat Wall Street's revenue expectations, with sales up 11.1% year on year to $95.72 billion against analyst estimates of $94.85 billion. Non-GAAP profit came in at $6.60 per share, 1.2% above the consensus estimate of $6.52, while same-store sales rose 9.4% year on year compared with 5.7% a year earlier. The membership-only retailer ended the quarter with 939 locations, up from 914 a year earlier, and a market capitalization of $409.1 billion. Chief Executive Ron Vachris said gas, pharmacy, and travel led the way, all growing faster than the overall growth rate, and Chief Financial Officer Gary Millerchip pointed to record executive membership penetration and digital sign-ups lifting renewal rates and spending per member. Management said it sees a path over the next 5 to 10 years to opening 30 new warehouses a year, and it is investing in digital capabilities and delivery partnerships with Uber Eats and DoorDash to attract younger members.
Costco Wholesale CorpCostco beat revenue and EPS estimates with Q3 sales up 11.1% to $95.72B and non-GAAP profit of $6.60/share.
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