Costco posted strong results for its fourth quarter and full year, which ended on 30 August 2026, with net sales increasing by 11.2 per cent to $93.9bn from $84.4 in the same period prior.
The company’s net income for the fourth quarter was $2.9bn, which was a rise from $2.61bn last year.
The full-year net income reached was $9.2bn, which marks a significant increase from $8.1bn in the same time last year.
According to the business, the fourth quarter was positively impacted by the effects of tariff refunds, and the business reinvested those funds into increasing member value.
The business also operates e-commerce sites in the US, Canada, the UK, Mexico, and Korea. Costco saw the sales for the fiscal year grow by 10.1 per cent to $297.2bn from $269.9bn last year.
The company’s digitally enabled sales increased by 19.5 per cent compared to last year.
CEO of Costco Ron Vachris said: “Our gas business has had a record year, driven by members seeking value and Costco’s top-tier gasoline in the face of rising prices.
“In fiscal year 2026, we saw the penetration of US member households that purchase gas reach an all-time high. During the fiscal year, we estimate we saved our members over $3.2 billion versus the average price at the pump in markets where we operate.
“Our buyers stayed ahead of member trends, quickly adjusting our assortment to offer high-quality, relevant products at the lowest prices. This strong performance was spread across a wide range of departments, including meat, bakery, majors, electronics, and health and beauty aids.”
The wholesaler currently operates 939 locations, which includes 647 in the US and 115 in Canada.
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