Costco Wholesale (NasdaqGS:COST) 2025 Update / Briefing Transcript
CostcoCostco(US:COST)2026-01-07 22:02

Costco Wholesale (NasdaqGS:COST) 2025 Update Summary Company Overview - Company: Costco Wholesale - Date of Call: January 07, 2026 - Period Covered: Five-week retail month of December 2025 Key Financial Metrics - Net Sales: $29.86 billion, an increase of 8.5% from $27.52 billion last year [2] - Comparable Sales: - US: 6.0% - Canada: 8.4% - Other International: 10.6% - Total Company: 7.0% - Digitally Enabled: 18.9% [2] - Comparable Sales Excluding Gas and FX: - US: 6.3% - Canada: 6.0% - Other International: 5.6% - Total Company: 6.2% - Digitally Enabled: 18.3% [2] - Traffic Growth: Up 2.7% worldwide and 2.4% in the US [2] Impact of External Factors - Foreign Currency Impact: - Canada: Positive impact of approximately 3.5% - Other International: Positive impact of approximately 5.4% - Total Company: Positive impact of approximately 1.2% [3] - Gas Price Deflation: Negatively impacted total reported comparable sales by approximately 40 basis points; average worldwide selling price per gallon down 4.4% [3] Regional Performance - Strongest US Regions: Midwest, Northwest, and Southeast [3] - Strongest International Markets: Australia, Japan, and Korea [3] Merchandising Highlights - Food and Sundries: Positive mid-single digits - Fresh Foods: Up high single digits, with strong performance in bakery and meat [4] - Non-Foods: Positive mid-single digits, with strong performance in jewelry, tires, small appliances, and majors [4] - Ancillary Business Sales: Up mid-single digits, with pharmacy, food court, and optical as top performers [4] - Gas Sales: Down low single digits due to price per gallon changes year over year [4] Forward-Looking Statements - The company provided forward-looking statements that involve risks and uncertainties, which may cause actual results to differ from those indicated [1]