Strong Financial Performance
Net merchandise sales and total revenue both exceeded $1.3 billion in the fourth quarter. Net merchandise sales increased by 9.2%, and comparable net merchandise sales increased by 7.5% in both U.S. dollars and constant currency.
Expansion and Growth Initiatives
Opened the seventh warehouse club in Guatemala, purchased land for new clubs in the Dominican Republic and Jamaica, and advanced plans to enter the Chile market.
Digital Channel Growth
Digital channel sales reached $306.7 million in fiscal year 2025, up 21.6% year-over-year, representing 6% of total net merchandise sales.
Membership Growth
Membership accounts grew 6.2% year-over-year to over 2 million, with Platinum membership rising to 17.9% of the total base.
Private Label Sales Increase
Private label sales represented 28.1% of total merchandise sales, up 50 basis points from fiscal year 2024.