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Walmart and Costco report strong sales; Costco's dividend grows twice as fast as Walmart's.

Company Fundamentals
13 Apr 2026
24/7 Wall Street
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Bullish
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Walmart and Costco both posted strong quarterly results with Walmart showing 4.6% U.S. sales growth and a 24% rise in global eCommerce, while Costco saw 7.4% comparable sales growth and a 13.6% increase in membership fee income. Walmart raised its dividend by 5.3%, continuing its 52-year streak, but Costco's dividend grew by about 12%, more than twice Walmart's pace, supported by special dividends and a loyal membership model. Walmart focuses on omnichannel growth and advertising, while Costco relies on volume and member loyalty with plans to expand warehouses. Investors should watch Walmart's advertising and membership growth and Costco's membership renewal rates and expansion in new markets.

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