Costco Reports Strong Q3 Fiscal 2026 Results with 15.2% EPS Growth
COST sits 18% above its 52-week low of $844.06.
Summary
Costco reported a 15.2% increase in diluted EPS and net income for Q3 fiscal 2026, driven by strong net sales and comparable sales growth.
Key Events · Earnings and Guidance · COST
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Strong Q3 Earnings Per Share Growth
Diluted EPS for the third quarter increased by 15.2% to $4.93, compared to $4.28 in the prior year.
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Net Income Rises Significantly
Net income for the quarter grew 15.2% to $2.19 billion, up from $1.90 billion in the same period last year.
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Robust Net Sales Increase
Net sales for the third quarter increased 11.6% to $69.15 billion, compared to $61.96 billion in the prior year.
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Solid Comparable Sales Performance
Total company comparable sales, excluding impacts from gasoline prices and foreign exchange, increased by 6.6% for the quarter.
Analysis · COST · Trade & Services
Costco Wholesale Corporation announced robust financial results for its third fiscal quarter, demonstrating accelerated growth in net income and diluted EPS compared to the previous quarter. The strong performance across sales, membership, and digital channels indicates continued operational strength and positive momentum for the company.
At the time of this filing, COST was trading at $996.02 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $441.5B. The 52-week trading range was $844.06 to $1,096.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.