US Stock Movement | Q4 Revenue and Profit Exceed Expectations, Costco (COST.US) Rises Over 2%

Zhitong Finance APP has learned that on Friday, Costco (COST.US) opened lower and then rose. As of the time of writing, the stock was up about 2.43%. News reports state that for the fourth quarter of fiscal year 2026 ending August 30, Costco's total Q4 revenue grew 11% year-on-year to $95.72 billion, surpassing market expectations. Adjusted earnings per share reached $6.57, also above expectations, and the tariff refund contributed $0.15 per share. The data also showed that in the fourth quarter, membership fee income increased by 7% to $1.85 billion, slightly above market expectations. However, growth in the number of paid members during the same period was below expectations.

Executives stated during a Thursday conference call with analysts that Costco's gasoline and travel businesses performed well, and sales growth was also driven by household goods, small electronics and beauty products. The quarterly adjusted same-store sales grew by 6.7%, better than expected.