Warehouse giant Costco Wholesale Corporation (NASDAQ: COST) on Thursday reported higher sales and net income for the second quarter of fiscal 2026. Earnings topped expectations.
The Washington-headquartered retailer posted total revenues of $69.6 billion for the second quarter, up 9.1% from $63.72 billion in the prior-year quarter. Total comparable store sales grew 7.4% year-over-year in Q2, and Digitally Enabled sales rose 22.6%.
Costco’s second-quarter net income was $2.04 billion or $4.58 per share, compared to $1.79 billion or $4.02 per share in Q2 2025. The bottom line came in above Wall Street’s expectations.
For the four-week reporting month of February, ended March 1, 2026, Costco reported net sales of $21.69 billion, an increase of 9.5% from $19.81 billion last year.
The company currently operates 924 warehouses, including 634 in the United States and Puerto Rico, 114 in Canada, 42 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, three in France, two in Sweden, and one each in Iceland, and New Zealand.