Costco Wholesale Corp

Latest Results (26.03.2025):

Revenue Growth

Costco Wholesale Corp reported a significant increase in net sales for the second quarter of fiscal 2025, reaching $62.53 billion, up 9.1% from $57.33 billion in the same period last year. For the first 24 weeks of fiscal 2025, net sales rose by 8.3% to $123.52 billion, compared to $114.05 billion in the previous year.

Net Income

In the second quarter of fiscal 2025, Costco Wholesale Corp achieved a net income of $1.788 billion, translating to $4.02 per diluted share. This is a slight increase from the previous year's second quarter net income of $1.743 billion, or $3.92 per diluted share. The net income for the first 24 weeks was $3.59 billion, or $8.06 per diluted share, compared to $3.33 billion, or $7.49 per diluted share, last year.

Comparable Sales

Costco Wholesale Corp's comparable sales for the second quarter of fiscal 2025 showed robust growth across various regions. In the U.S., comparable sales increased by 8.3%, while Canada saw a 4.6% rise. Other international markets experienced a 1.7% increase, leading to a total company comparable sales growth of 6.8%. E-commerce sales surged by 20.9% during the same period.

February Sales

For the four-week reporting month of February, ending March 2, 2025, Costco Wholesale Corp reported net sales of $19.81 billion, marking an 8.8% increase from $18.21 billion in the previous year. The company's net sales for the first 26 weeks of fiscal 2025 reached $133.36 billion, an 8.3% increase from $123.15 billion last year.

Outlook and Operations

Costco Wholesale Corp continues to expand its operations, currently operating 897 warehouses worldwide. The company remains optimistic about its growth prospects, supported by strong sales performance and strategic expansion in key markets. Costco also operates e-commerce sites in multiple countries, contributing to its overall revenue growth.