Costco Wholesale Corporation

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Bullish +75

Costco Wholesale Corporation Reports May Sales Results

AI-generated analysis

📈 Costco reported net sales of $24.01 billion for May, representing a 14.5% increase from the previous year's $20.97 billion.

📊 For the first 39 weeks of the fiscal year, total net sales reached $221.19 billion, up 10.0% from $201.02 billion last year.

🇺🇸 Comparable sales for the four weeks ended May 31 grew by 13.7% in the U.S., while Canada saw a 9.2% increase.

🌍 International comparable sales rose 9.7% for the four-week period and 10.9% year-to-date across all non-U.S. regions.

💻 Digitally-enabled sales grew by 21.1% in the most recent four weeks, slightly higher than the 21.6% growth seen over 39 weeks.

🛢️ Comparable sales excluding gasoline price impacts and foreign exchange effects showed a more modest 8.0% total company growth for the four-week period.

🏪 Costco currently operates 931 warehouses globally, with the majority located in the United States and Puerto Rico.

⚠️ The company notes that forward-looking statements involve risks such as inflation, geopolitical conditions, rising employee costs, and energy prices.

📅 A pre-recorded message discussing these results will be available on the investor relations website until 4:00 p.m. PT on June 10, 2026.

📉 Analyst opinions on Costco stock remain mixed, with some firms maintaining hold ratings while others offer buy recommendations.

Bullish Signals
  • Costco reported net sales of $24.01 billion for May, representing a strong 14.5% year-over-year increase from $20.97 billion last year.
  • Comparable sales growth was robust across all regions, with the U.S. segment leading at 13.7% for the four-week period and 7.6% over 39 weeks.
  • Digital channels continue to drive significant growth, with digitally-enabled sales up 21.1% in May and 21.6% year-to-date, indicating strong e-commerce momentum.
  • Comparable sales excluding gasoline price impacts and foreign exchange remain positive, showing underlying demand strength with a total company increase of 8.0% for the month.
  • Costco operates a massive global footprint with 931 warehouses across 19 countries, providing diverse revenue streams and market penetration opportunities.
Risk Factors
  • Forward-looking statements identify 'energy and certain commodities' as risks that could impact future performance.
Full Analysis
Costco Wholesale Corporation reported net sales of $24.01 billion for the retail month of May, representing a 14.5% increase from $20.97 billion in the same period last year. Over the first 39 weeks of the fiscal year, total net sales reached $221.19 billion, up 10.0% from $201.02 billion the prior year. Comparable sales growth for the four weeks ended May 31 was 12.5% globally, with U.S. comparable sales rising 13.7%, Canada at 9.2%, and Other International at 9.7%. For the 39-week period, total company comparable sales grew 8.3%, led by a 7.6% increase in the U.S., while Canada and Other International both saw 9.2% growth. Digital channels continued to drive significant expansion, with digitally-enabled sales growing 21.1% for the four weeks and 21.6% for the 39-week period. When excluding the impacts of gasoline price changes and foreign exchange fluctuations, comparable sales growth moderated but remained positive across all regions, with the U.S. showing an 8.7% increase for the month and a 6.6% rise year-to-date. The company operates 931 warehouses globally, including 639 in the United States and Puerto Rico, alongside e-commerce sites in nine countries. Costco provided a pre-recorded message with additional commentary on these results, available through June 10, 2026, while noting that forward-looking statements regarding future activities and risks are subject to various uncertainties including economic conditions, competition, and regulatory impacts.