The retailer aims to expand its footprint amid strong demand, citing record fuel volumes and macro resilience in Q3 2026.
Costco Wholesale Corporation outlined a $6.5 billion capital expenditure plan for fiscal 2026, targeting over 30 net new store openings annually. The expansion follows record-breaking fuel volumes across all three fiscal periods in Q3 2026, driven by consumer demand amid macroeconomic uncertainty.
Management highlighted the company’s value proposition as a key driver, with fuel sales standing out as a standout performer. The CapEx plan reflects confidence in sustained growth, though no prior-year comparison or consensus estimates were provided.
No immediate market reaction was detailed in the earnings call insights.