The retailer’s fiscal Q3 revenue reached $70.53 billion, beating expectations, while membership fee income climbed to $1.37 billion.
Costco Wholesale posted fiscal third-quarter revenue of $70.53 billion, up 11.6% year over year and above the $69.81 billion estimate. Adjusted earnings per share rose 15.2% to $4.93, matching forecasts.
Membership fee income increased 10.7% to $1.37 billion, slightly exceeding the $1.36 billion consensus. Paid members grew 4.1% to 82.9 million, though renewal rates in the U.S. and Canada showed stability.
Shares remained little changed after hours, reflecting a mixed reaction to decelerating traffic growth and accelerating ticket size expansion.