Costco(COST) - 2026 Q2 - Quarterly Results

Financial Performance - Net sales for the second quarter increased by 9.1% to $68.24 billion, compared to $62.53 billion last year[3] - Net income for the quarter was $2,035 million, or $4.58 per diluted share, up from $1,788 million, or $4.02 per diluted share, last year[4] - Comparable sales for the second quarter increased by 7.4%, with U.S. sales growing by 5.9% and Canada by 10.1%[3] - For February, net sales reached $21.69 billion, a 9.5% increase from $19.81 billion last year[5] - Total revenue for the first 24 weeks was $136.90 billion, an increase of 8.8% from $125.87 billion last year[12] - Membership fees increased to $1.36 billion for the quarter, compared to $1.19 billion last year[12] Digital Sales Performance - Digitally-enabled sales grew by 22.6% in the second quarter, indicating strong online performance[3] Operational Metrics - The company operates 924 warehouses globally, with 634 located in the U.S. and Puerto Rico[7] - Cash and cash equivalents at the end of the period were $17.38 billion, up from $14.16 billion at the beginning of the year[16] - The company reported a net cash provided by operating activities of $7.68 billion for the first 24 weeks, up from $6.01 billion last year[16]