Core Insights - Costco Wholesale Corporation reported a net sales increase of 9.1% for the second quarter of fiscal 2026, reaching $68.24 billion compared to $62.53 billion in the same period last year [1] - For the first 24 weeks of fiscal 2026, net sales rose by 8.7% to $134.22 billion from $123.52 billion in the previous year [1] Sales Performance - Comparable sales for the second quarter showed a total company increase of 7.4%, with U.S. sales up by 5.9%, Canada by 10.1%, and Other International by 13.0% [2] - Digitally-enabled sales experienced significant growth, with a 22.6% increase in the second quarter [2] - For February 2026, net sales were reported at $21.69 billion, a 9.5% increase from $19.81 billion last year [4] Income and Earnings - Net income for the second quarter was $2,035 million, or $4.58 per diluted share, compared to $1,788 million, or $4.02 per diluted share, in the prior year [3] - For the first 24 weeks, net income reached $4.04 billion, or $9.08 per diluted share, up from $3.59 billion, or $8.06 per diluted share, last year [3] Warehouse and E-commerce Operations - Costco operates a total of 924 warehouses globally, with 634 located in the United States and Puerto Rico [6] - The company also runs e-commerce sites in multiple countries, including the U.S., Canada, the U.K., and Japan [6] Impact of Seasonal Events - The Lunar and Chinese New Year, occurring later this year, positively influenced sales, contributing approximately 4.0% to Other International sales and 0.5% to Total Company sales in February [5]
Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal 2026 and February Sales Results