Costco’s Future Growth Projections
Costco Wholesale (NASDAQ: COST) achieved $270 billion in net sales in the latest fiscal year, making it the world’s third-largest retailer after Walmart and Amazon. The company’s plan includes opening approximately 30 new warehouses in fiscal 2026, aiming to enhance its global reach and support a projected compound annual growth rate of 7.4% in revenue from fiscal 2025 to fiscal 2028.
Currently, Costco operates 914 warehouses and has 81 million members, a 39% increase over the past five years. About 48% of these members have opted for the more profitable Executive membership. The company’s operating margin improved to 3.8% in fiscal 2025, up from 3.2% in fiscal 2020, indicating strong financial health that allows for ongoing dividends and investment in growth.
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