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Costco beat Q1 expectations with strong revenue, higher earnings, and solid comp-sales growth across all regions. Membership fees rose to $1.33B and cash reached $16.22B, though shares were slightly lower after hours.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Costco Wholesale reported first quarter fiscal 2026 results after the bell, according to Benzinga.
00:08The Warehouse Club reported first quarter revenue of $67.31 billion and adjusted earnings of 4.50
00:16per share, both surpassing analyst estimates. Net sales rose 8.2% year over year, while comparable
00:23sales increased 6.4%, led by gains across the U.S., Canada, and international markets.
00:30Membership fees climbed to nearly $1.33 billion, and the company ended the quarter with $16.22
00:36billion in cash as shares dipped 0.18% in after-hours trading.
00:41For all things money, visit Benzinga.com.
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