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Costco (IT:1COST)
:1COST
Earnings Data
Report Date
May 28, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
4.25Last Year’s EPS
3.49Same Quarter Last Year
Moderate Buy
Based on 23 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong fundamental performance: double-digit digital growth, robust net sales and profit growth, membership strength, and continued investment in warehouses and digital capabilities. Headwinds were moderate and specific — gas price deflation, a small decline in U.S. renewal rates, higher SG&A/reserves, LIFO effects, tariff uncertainty and potential geopolitical risks to fuel/shipping. Overall, positives (healthy sales, margins on a core basis, digital acceleration, membership quality and capital plan) outweigh the contained challenges, supporting a constructive outlook.Company Guidance
Strong Profitability
Net income of $2.035 billion, up nearly 14% year-over-year; diluted EPS $4.58 versus $4.02 in prior-year quarter.
Revenue and Comparable Sales Growth
Net sales of $68.24 billion, up 9.1% YoY. Comparable sales up 7.4% (6.7% adjusted for gas price deflation and FX); excluding gas sales and FX comps also up 7.4%.
Robust Digital Performance
Digitally-enabled comparable sales up 22.6% (21.7% adjusted for FX). Site traffic up 32% and app traffic up 45%; personalized recommendation carousels drove over $470 million of e-commerce sales.
Membership Strength
Membership fee income $1.355 billion, up $162 million or 13.6% YoY (12.2% adjusted for FX). Total paid members 82.1 million (+4.8% YoY); paid executive memberships 40.4 million (+9.5% YoY).
Traffic and Ticket Growth
Worldwide shopping frequency (traffic) increased 3.1%; average transaction (ticket) up 4.2% worldwide and 3.5% excluding gas deflation and FX.
Gross Margin Improvement on Core-on-Core Basis
Reported gross margin rate higher by 17 basis points YoY (11 basis points higher excluding gas deflation). Core-on-core margins increased 22 basis points, broad-based across nonfood, food & sundries, and fresh.
Warehouse Expansion and Capital Investment
Opened 4 warehouses in the quarter (total 924 worldwide). Expect 28 net new openings in FY26 and targeting 30+ per year going forward. Q2 CapEx $1.29 billion; full-year CapEx estimated at approximately $6.5 billion.
Merchandising and Fresh Strength
Fresh comparable sales up low double digits led by meat and bakery; nonfood comps up high single digits; food & sundries comps mid-single digits. Successful seasonal and unique item sales drove traffic and mix benefits.
IT:1COST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IT:1COST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | €860.70 | €860.90 | +0.02% |
Dec 11, 2025 | €744.99 | €742.20 | -0.38% |
Sep 25, 2025 | €800.47 | €790.49 | -1.25% |
May 30, 2025 | €916.25 | €910.78 | -0.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Costco (IT:1COST) report earnings?
Costco (IT:1COST) is schdueled to report earning on May 28, 2026, After Close (Confirmed).
What is Costco (IT:1COST) earnings time?
Costco (IT:1COST) earnings time is at May 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Costco stock?
The P/E ratio of Costco is N/A.
What is IT:1COST EPS forecast?
IT:1COST EPS forecast for the fiscal quarter 2026 (Q3) is 4.25.
