Costco Wholesale registers 8% rise in Q4 net sales

Core Insights - Costco Wholesale reported net sales of $84.43 billion for the fourth quarter of fiscal year 2025, an 8% increase from $78.18 billion in the same quarter of the previous year [1] - The company's net income for the quarter reached $2.61 billion, or $5.87 per diluted share, compared to $2.35 billion, or $5.29 per diluted share, in the fourth quarter of 2024 [1] - For the entire fiscal year, net sales increased by 8.1% to $269.9 billion, up from $249.6 billion the previous year [3] Financial Performance - Operating income for Q4 rose to $3.34 billion from $3.04 billion in the same period last year [1] - The net income for the fiscal year stood at $8.09 billion, or $18.21 per diluted share, compared to $7.36 billion, or $16.56 per diluted share, a year earlier [3] - Operating income for the fiscal year increased to $10.38 billion from $9.28 billion [3] Sales Growth - Same-store sales increased by 6.4% when adjusting for gas prices and foreign exchange fluctuations [2] - In the US, same-store sales rose by 6%, while Canada experienced an 8.3% increase, and other international markets reported a 7.2% increase [2] - E-commerce sales for Q4 grew by 13.5% compared to the same period in 2024, and for the full year, e-commerce sales surged by 16.1% [2][3] Global Operations - Costco operates 914 warehouses globally, with 629 located in the US and Puerto Rico, 110 in Canada, and a presence in several other countries including Mexico, Japan, the UK, and Australia [4] - The company maintains e-commerce platforms in multiple regions, including the US, Canada, and the UK [4]