Core Insights - Costco Wholesale Corporation reported second-quarter results that exceeded analyst expectations, with adjusted earnings per share of $4.58, beating the consensus estimate of $4.55 by $0.03 [2] - Despite strong financial performance, shares slipped nearly 1% in pre-market trading following the announcement [1] Financial Performance - Revenue totaled $69.6 billion, surpassing the estimate of $69.25 billion and rising 9.1% from $62.53 billion in the same quarter last year [2] - Net income for the quarter was $2.04 billion, an increase from $1.79 billion in the year-earlier period [4] - For the first 24 weeks of fiscal 2026, net income reached $4.04 billion, or $9.08 per diluted share, compared to $3.59 billion, or $8.06 per diluted share, in the prior year [4] Sales Performance - Comparable sales increased by 7.4% during the quarter, or 6.7% when adjusted for gasoline price fluctuations and foreign exchange effects [3] - U.S. comparable sales grew by 5.9%, while Canada and Other International markets posted stronger gains of 10.1% and 13.0%, respectively [3] - Digital sales surged by 22.6% over the same period [3] - February sales were reported at $21.69 billion, representing a 9.5% increase from $19.81 billion a year earlier, with comparable sales for February rising by 7.9% [5] Operational Overview - Costco operates 924 warehouses worldwide, including 634 locations in the United States and Puerto Rico, 114 in Canada, and 176 across other international markets [6] - The retailer also operates e-commerce platforms in eight countries [6]

Core Insights - Costco Wholesale's earnings for the fiscal second quarter were $4.58 per share on revenue of $69.6 billion, surpassing analyst expectations of $4.51 per share and $69.1 billion in sales [1] - Despite a 1% increase in stock price following the earnings report, Costco shares are down slightly over the past year, although they have rallied 15% at the start of the year [1] Investor Relevance - Costco's shares are approximately 8% below their early 2025 record high of nearly $1,077, with an average analyst price target $40 lower than that peak [2] - Analysts from JPMorgan noted that Costco's sales and margin growth are outpacing other retailers, maintaining an "overweight" rating and raising their price target to $1,060, which is about 9% above the recent closing price [2] - William Blair analysts view Costco as a stable, defensive consumer stock in a volatile market, suggesting potential for special dividends or increased buybacks to support the stock [2] Additional Context - The potential for tariff refunds could impact Costco this year, as the company is awaiting a court decision regarding refunds from tariffs imposed by the previous administration [3] - CEO Ron Vachris indicated uncertainty regarding the timing of any tariff refunds, but stated that any recovery would be passed on to consumers through lower prices [4]

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks fell Friday as the war in the Middle East escalated. The S & P 500 and Nasdaq were both off roughly 1% after President Donald Trump said Friday there would be no deal to end the U.S. war against Iran without an "unconditional surrender" by Iran. Despite continued uncertainty, Jim Cramer believes the "end-of-the-world view" has gone too far and sees bu ...

Key Takeaways Costco reports Q2 EPS of $4.58, beating estimates as total revenues climb 9.2% year over year.Costco comparable sales rise 7.4%, with digitally enabled comps surging 22.6% on strong traffic.Costco membership fees jump 13.6%; paid households reach 82.1M, with renewal above 92% in the U.S. and Canada.Costco Wholesale Corporation (COST) reported second-quarter fiscal 2026 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. The company delivered strong year-over-year ...

United States equity markets demonstrated remarkable resilience during midday trading on Friday, March 6, 2026, as investors navigated a complex landscape of economic data and shifting monetary policy expectations. After a volatile opening bell characterized by steep initial declines, major indexes staged a significant turnaround during the lunch hour, fueled by optimistic commentary from the Federal Reserve and a surge in the semiconductor sector. This intraday momentum has helped the market claw back from ...

Welcome back. Okay, we are on countdown mode. We are four minutes away from the February jobs report.Expectations call for a gain in jobs of 59,000 non-farm payrolls and the unemployment rate holding steady at 4.3%. Let's check markets going into this number. Dow industrials right now down 257 points.NASDAQ S&P 500 also weak this morning. I want to bring in our allstar jobs panel. Piper Sandler's chief global economist Nancy Lazar is here.Job Creators Network CEO Alfredo Ortiz is here. Storch Advisor CEO Je ...

As usual, there's really nothing to complain about in Costco Wholesale's (NASDAQ: COST) latest quarterly results. The business keeps doing what shareholders have come to expect: generating steady comparable-sales growth, growing membership income, gaining digital momentum, and expanding its store count. The report once again shows that it remains a best-in-class retailer -- and maybe even one of the best businesses in the world. But liking the business is not the same as liking the stock. While the forme ...

The latest earnings season is all but wound down, but that doesn’t mean this week came and went without its share of headlines.We heard from a major discount retail player in Costco yesterday evening, with the company delivering clear beats on both revenue and earnings while demonstrating the enduring strength of its membership-driven model.With less than 4% of S&P 500 companies left to report results, the index is tracking at a roughly 15% earnings growth rate for the quarter, which would mark the S&P 500' ...

Core Insights - Costco (COST) reported fiscal Q2 2026 earnings with revenue of approximately $69.6 billion and diluted EPS of $4.58, both exceeding Wall Street expectations [1] - Despite the earnings beat, Costco's shares dipped slightly, reflecting high investor expectations and premium valuation [1] Revenue Performance - Total revenue of $69.6 billion beat the estimate of $69.32 billion, with net sales increasing by 9.1% year over year [1] Earnings Performance - EPS of $4.58 surpassed the consensus estimate of $4.54 by approximately 1%, continuing Costco's trend of consistent earnings beats [1] Profit Margins - Gross margin expanded by 17 basis points to 11.02%, while operating income rose to about $2.6 billion, indicating strong profitability [1] Membership Growth - Membership fee income increased by 13.6% year over year to $1.355 billion, supported by member growth and upgrades to executive memberships [1] - Costco ended the quarter with 82.1 million paid members and a worldwide membership renewal rate of 89.7% [1] Comparable Sales - Comparable sales rose by 7.4% globally, or 6.7% when excluding gasoline price changes and foreign exchange effects [1] - Worldwide traffic increased by 3.1%, demonstrating steady customer engagement amid macroeconomic uncertainty [1] Digital Performance - E-commerce comparable sales surged by 22.6% year over year, highlighting Costco's successful digital expansion alongside its traditional retail model [1] Management Outlook - Executives emphasized ongoing strength in membership growth, warehouse traffic, and digital engagement across global markets [1]

Costco Profit, Sales Rise. These Retailers Mixed On Results. | Investor's Business DailyBREAKING: Jobs Stunner: February Payrolls Fall By 92,000---Costco Wholesale rounded out a busy Thursday for retail earnings by clearing expectations in an afterhours report. Other shares were mixed during Thursday trade. Victoria's Secret and BJ's Wholesale retreated on their earnings. Burlington surged out of a buy zone.Costco Wholesale's (COST) reported a 13% increase in Q2 earnings to $4.58 per share, topping views fo ...