Costco Wholesale reported fiscal second-quarter 2026 results that exceeded analyst expectations. Net sales reached $68.24 billion. This figure represents a 9.1% year-over-year increase. Total revenue for the period amounted to approximately $69.6 billion. Diluted earnings per share rose to $4.58, surpassing consensus forecasts.
Comparable sales grew by 7.4% during the quarter. Digitally-enabled sales surged by 22.6%. Membership fee income also showed strong growth momentum.
Costco's stock fell approximately 2.4% in the following trading session. Investors reacted negatively despite the company beating both revenue and earnings estimates. Analysts attribute the market caution to the stock's high valuation.