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Costco beats Q3 earnings estimates with strong sales growth and rising net income.

Company Fundamentals
28 May 2026
Proactive Investors
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Bullish
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Costco reported fiscal third quarter earnings of $4.93 per share, slightly above analyst expectations of $4.91, with revenue reaching $70.53 billion, surpassing the $69.50 billion forecast. Net income rose to $2.19 billion from $1.90 billion a year earlier, driven by an 11.6% increase in net sales and strong comparable sales growth across the U.S., Canada, and international markets. Digitally enabled sales surged 21.5%, highlighting Costco's expanding online presence. The company now operates 931 warehouses globally and continues to show robust financial performance, signaling positive momentum for the rest of fiscal 2026.

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