Costco(US:COST)2025-12-11 21:22Financial Performance - Net sales for Q1 FY 2026 increased by 8.2% to $65.98 billion, up from $60.99 billion in the same period last year[2] - Net income for the quarter was $2,001 million, or $4.50 per diluted share, compared to $1,798 million, or $4.04 per diluted share, last year[3] - Total revenue for the quarter reached $67.31 billion, up from $62.15 billion in the previous year[9] - Operating income rose to $2,463 million, compared to $2,196 million in the same quarter last year[9] Membership and Fees - Membership fees increased to $1,329 million from $1,166 million year-over-year[9] Sales Growth - Comparable sales growth for the U.S. was 5.9%, Canada 6.5%, and Other International 8.8%, with total company growth at 6.4%[2] Operational Metrics - Costco operates 923 warehouses globally, with 633 located in the U.S. and Puerto Rico[4] - Cash and cash equivalents at the end of the period were $16,217 million, up from $14,161 million at the beginning of the year[13] - Net cash provided by operating activities was $4,688 million, compared to $3,260 million in the prior year[13] Future Outlook - The company anticipates continued growth despite potential risks including economic conditions and competition[6]