Costco Wholesale Corporation has reported higher profits and revenues for its fourth quarter, driven by the resilience of consumer spending. The Issaquah, Washington-based company announced that net sales for the fourth quarter of fiscal year 2026 increased 11.2 percent to $93.9 billion from $84.4 billion in the prior year period. For the full fiscal year, net sales grew 10.1 percent to $297.2 billion.
Net income for the fourth quarter reached $2.998 billion, or $6.75 per diluted share, a notable increase from $2.610 billion, or $5.87 per diluted share, in the same period last year. This performance exceeded analyst expectations, with earnings per share surpassing consensus estimates. The company's results were partly bolstered by a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received during the quarter, which were partially reinvested into member value.
Comparable sales for the fourth quarter saw a 9.4 percent increase overall. The U. S. market showed strong performance with a 10.7 percent rise, while Canada reported a 5.0 percent increase, and other international markets grew by 7.0 percent. Digitally-enabled sales demonstrated significant strength, climbing 19.5 percent. Management noted that a substantial portion of the tariff refunds received would be reinvested into price reductions on everyday staples, produce, and meat, underscoring Costco's commitment to member value. The company plans to open approximately 33 new warehouses in fiscal year 2027, signaling continued expansion.
Costco's membership base also showed healthy growth, with total paid members increasing by 3.8 percent year over year. Executive memberships, which carry a higher fee, saw a 9.4 percent rise. The company reported a worldwide renewal rate of 89.8 percent, with U. S. and Canada renewal rates improving to 92.3 percent. This strong member engagement and continued spending resilience suggest Costco is well-positioned for the upcoming fiscal year.
