3 Big Takeaways From Costco's Earnings Report Last Week

Core Insights - Costco Wholesale reported net sales of $269.9 billion for fiscal 2025, showcasing its dominance in the retail sector [1] - The company has experienced a 160% increase in share price over the past five years, reflecting strong investor confidence [1] Durable Demand - Despite macroeconomic challenges, Costco demonstrated resilience with a same-store sales growth of 5.7% in Q4, driven by increased foot traffic and higher transaction sizes [4] - The global membership renewal rate reached 89.8% in Q4, with a year-over-year membership increase of 6.3%, indicating strong customer loyalty [5] Ongoing Growth - Costco opened 24 net new warehouse stores during fiscal 2025, bringing the total to 629 in the U.S. and 285 internationally, with plans for 30 new locations in fiscal 2026 [6] - E-commerce sales grew by 13.6% year over year in Q4, totaling nearly $20 billion, which represents 7% of the company's total sales [8]