Costco stock rises 0.22% as digital sales exceed $33 billion

  • Costco’s digitally enabled sales exceeded $33 billion, while the company closed Costco Next and expanded delivery partnerships.
  • Costco estimated more than $3.2 billion in fiscal 2026 gas savings and received $184 million in tariff refunds, much of which it returned through price cuts.
  • Paid membership reached 84.1 million, and Costco plans to open 33 warehouses in fiscal 2027, including five relocations.

Costco Wholesale Corporation stock rose 0.22% to $924.83 as digitally enabled sales exceeded $33 billion and grew more than 20% during the latest fiscal year, while the warehouse operator estimated that its gasoline operations saved members more than $3.2 billion in fiscal 2026. Costco closed the Costco Next curated marketplace in September after operating it since 2017, plans to move popular products onto Costco.com and its mobile application, and expanded Uber Eats delivery from 17 states to the entire United States while widening its DoorDash relationship and continuing to use Instacart in the United States and Canada. Website and app traffic increased 30% in the fourth quarter as personalized product placements and email communications improved; about 10% of Costco.com orders now include at least one personalized product, and traffic from AI search tools grew at a triple-digit rate for a second consecutive quarter and produced the site’s highest conversion rate among traffic sources. The company ended fiscal 2026 with 84.1 million paid members, up 3.8% year over year, and 92.3% renewal rates in the United States and Canada. It received $184 million in tariff refunds during the latest quarter and reinvested much of the benefit through price reductions. Net sales rose 11.2% to $93.87 billion for the 16 weeks ended Aug. 30, while net income reached $2.998 billion, or $6.75 per share. Costco operates 939 warehouses worldwide and plans to open 33 more in fiscal 2027, including five relocations.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.