Costco Wholesale Corporation (COST) reported strong fiscal second-quarter 2026 results on Thursday, revealing total revenue of $69.597 billion and net income of $2.035 billion. The figures exceeded analyst expectations, with net sales increasing 9.1% year-over-year. Diluted earnings per share also beat the estimate, coming in at $4.58 compared to the median forecast of $4.55.
Comparable sales grew by 7.4% overall, with U.S. comps at 5.9% and digital sales surging 22.6%. Membership fee income for the quarter reached $1.355 billion, highlighting strong renewal rates. With 924 locations worldwide, Costco’s business model continues to attract budget-conscious consumers amidst economic uncertainty. Despite the positive earnings report, Costco’s stock experienced a slight decline in pre-market trading on Friday.
