Costco reports rise in Q1 2025 sales and earnings

Costco Wholesale has reported an 8.2% increase in net sales in the first quarter (Q1) of fiscal 2026, which ended on 23 November 2025. The US-based retailer reported net sales of $65.98bn for the period, up from $60.99bn in the same quarter of the previous year. Comparable sales increased 6.4% across the business. Net income increased from $1.79bn to $2bn, a 11.7% rise year-on-year. The company recorded gains of 5.9% in the US, 6.5% in Canada, and 8.8% in other international markets. Online sales grew ...