Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2025 Operating Results

Core Insights - Costco Wholesale Corporation reported a net sales increase of 8.0% for the fourth quarter, reaching $84.4 billion, compared to $78.2 billion in the previous year. For the fiscal year, net sales rose by 8.1% to $269.9 billion from $249.6 billion [1] Sales Performance - Comparable sales for the fourth quarter showed a total company increase of 5.7%, with U.S. sales up by 5.1%, Canada by 6.3%, and Other International by 8.6%. For the fiscal year, total company comparable sales increased by 5.9% [2] - E-commerce sales experienced significant growth, with a 13.6% increase in the fourth quarter and a 15.6% increase for the fiscal year [2] Profitability - Net income for the fourth quarter was $2.610 billion, or $5.87 per diluted share, compared to $2.354 billion, or $5.29 per diluted share, in the previous year. The fiscal year net income was $8.099 billion, or $18.21 per diluted share, up from $7.367 billion, or $16.56 per diluted share [3] Operational Footprint - Costco operates a total of 914 warehouses globally, with 629 located in the United States and Puerto Rico, and additional locations in Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Sweden, Iceland, and New Zealand [4] Financial Overview - Total revenue for the fourth quarter was $86.156 billion, an increase from $79.697 billion the previous year. Membership fees also rose to $1.724 billion from $1.512 billion [9] - Operating income for the fourth quarter was $3.341 billion, compared to $3.042 billion last year, indicating improved operational efficiency [9]