Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year.
The Issaquah, Washington-headquartered warehouse giant’s total revenues increased to $67.3 billion in the first quarter from $62.2 billion in the prior-year quarter. Total comparable store sales for the quarter grew 6.4% year-over-year, and Digitally Enabled sales climbed 20.5%.
First-quarter net income was $2.0 billion or $4.50 per share, compared to $1.80 billion or $4.04 per share in Q1 2025. This year’s results included a tax benefit of $0.16 per share related to stock-based compensation, which last year was $0.22 per diluted share.
The post Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8% first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
