Costco reported fourth quarter net sales of $93.9 billion, an 11.2% increase year-over-year, while full-year revenue reached $297.2 billion. Earnings per share for the quarter were $6.75, which included a non-recurring $0.15 benefit from tariff refunds, outperforming the $6.48 analyst estimate.
Key Highlights
- Adjusted comparable sales grew 6.7% during the 16-week quarter, driven by a 3.3% increase in shopping frequency and a 3.3% rise in average ticket size.
- Membership fee income rose 7.3% to $1.85 billion, supported by a worldwide renewal rate of 89.8% and a total cardholder base of 150.4 million.
- E-commerce performance remained a significant tailwind with digitally-enabled adjusted comparable sales surging 19.8% for the quarter.