Costco (COST) Q2 Earnings and Revenues Top Estimates

Core Insights - Costco reported quarterly earnings of $4.58 per share, exceeding the Zacks Consensus Estimate of $4.55 per share, and showing an increase from $4.02 per share a year ago, resulting in an earnings surprise of +0.74% [1] - The company achieved revenues of $69.6 billion for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 0.52%, and up from $63.72 billion year-over-year [2] - Costco's stock has increased by approximately 16.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.88, with expected revenues of $68.42 billion, and for the current fiscal year, the consensus EPS estimate is $20.22 on revenues of $297.54 billion [7] - The estimate revisions trend for Costco was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Retail - Discount Stores industry, to which Costco belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]