US-based retailer Costco Wholesale Corporation reported higher revenue and profit for the second quarter (Q2) and the first half of FY26.
For the quarter ending on 15 February, total revenue increased to $69.59bn, compared with $63.72bn in the same period a year earlier.
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Net sales for the quarter rose 9.1% to $68.24bn while membership fee income climbed to $1.35bn from $1.19bn a year earlier.
Net income for the period reached $2.03bn ($4.58 per diluted share), up from $1.78bn ($4.02 per diluted share), recorded in the corresponding quarter of the previous year.
During the four-week reporting month of February, which ended 1 March 2026, the company posted net sales of $21.69bn.
This represented a 9.5% increase from $19.81bn reported in the same period last year.
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By GlobalDataCostco said the later timing of the Lunar and Chinese New Year holidays, which took place on 17 February this year – 19 days later than in the prior year – supported February sales performance.
According to the company, the shift contributed to an approximate 4% increase in other international sales and lifted total company sales by around 0.5%.
For the first half of FY26, total revenue stood at $136.90bn, compared with $125.87bn during the same period a year earlier.
Net sales for the period rose 8.7% to $134.22bn while membership fee revenue increased to $2.68bn from $2.36bn.
Net income for the first 24 weeks totalled $4.03bn, or $9.08 per diluted share, up from $3.58bn, or $8.06 per diluted share, reported in the prior-year period.
Net sales for the first 26 weeks increased 8.6% to $144.85bn.
Costco currently operates 924 warehouses worldwide, including 634 in the US and Puerto Rico and 114 in Canada, in addition to locations in several other countries.
The company also runs e-commerce platforms in Australia, Canada, Japan, Mexico, Taiwan, the UK and the US.
