Costco Plans $7.5 Billion Fiscal 2027 Expansion With 33 New Warehouses

GuruFocus··USCA·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Costco Wholesale is expected to pay out about $7.5 billion in fiscal 2027 as it ramps up expansion after another successful quarter. The company aims to open 33 warehouses in the fiscal year, including five relocations, moving it closer to CEO Ron Vachris' longer-term objective of adding about 30 net new locations a year. Costco finished fiscal 2026 with 939 warehouses and spent $6.4 billion on capital projects for the year. Fourth quarter net sales were $93.87 billion, up 9.4 percent on a comparable sales basis, while net income was just under $3 billion, or $6.75 a diluted share. Costco ended the quarter with 42.3 million paid executive members and reported a renewal rate of 92.3% in the U.S. and Canada, and it is expanding its Uber Eats collaboration countrywide in the U.S. while rolling out DoorDash delivery across the country.

Impact on assets 3

Consumer Staples▲ · 1 stocks
Costco Wholesale Corp
COST
▲ PositiveCapitalDemandrelevance

Costco plans ~$7.5B fiscal 2027 capex to open 33 new warehouses after strong Q4 sales and earnings.

Consumer Discretionary▲ · 1 stocks
Robotics & Physical AI▲ · 1 stocks
Uber Technologies Inc
UBER
▲ PositiveDemandrelevance

Costco is expanding its Uber Eats collaboration countrywide in the U.S., adding order volume for Uber.

© 2026 MarketIVNews