Costco (COST) Reports $68.24B FQ2 Sales and $2.03B Net Income

Financial Performance - Costco reported net sales of $68.24 billion for FQ2 2026, a 9.1% increase year-over-year [1] - Net income for the quarter reached $2.03 billion, or $4.58 per diluted share, up from $1.79 billion in the same quarter last year [1] - Total net sales for the first half of the year climbed to $134.22 billion [1] Membership and Sales Growth - Membership fees increased to $1.35 billion for the quarter, compared to $1.19 billion previously [1] - Comparable sales figures showed a 7.4% increase during FQ2 across all geographic segments [2] - Digitally-enabled sales grew by 22.6% for the quarter, indicating strong online performance [2] Global Presence and Financial Health - As of March, Costco operates 924 warehouses globally, with a significant presence in the US and Puerto Rico, and expanding in Canada, Mexico, Japan, and China [3] - The company's balance sheet remains solid, with cash and cash equivalents totaling $17.38 billion at the end of the quarter [3]