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3 clusters · 9 sources · 10 days · First seen · Last updated

Costco Wholesale fiscal 2026 performance and stock split

Overview

Costco Wholesale Corporation reported strong financial performance for its fiscal year 2026, which concluded in late August. For the full 52-week period, net sales increased by 10.1 percent to $297.2 billion, with net income reaching $9.2 billion.

Specific fourth-quarter data shows net sales rose 11.2 percent year-over-year to $93.9 billion. Regional performance highlights include a 10.7 percent increase in comparable sales in the U.S. and a 5 percent increase in Canada. Additionally, digitally-enabled sales saw significant growth, rising 19.5 percent during the quarter. Net income for the fourth quarter was $2.998 billion, or $6.75 per diluted share.

The company’s membership base grew to 84.1 million paid members, supported by a global renewal rate of 89.8%.

Following these results, market speculation has emerged regarding a potential stock split as the share price approaches $1,000. Analysts note that the company has not issued a split in over 26 years. This interest coincides with shifting institutional holdings; while Violich Capital Management Inc. reduced its position by 3.5 percent during the third quarter, other firms have significantly increased their stakes. Notably, Martin Capital Partners LLC increased its position by 1,217.6 percent, and State Street Corp increased its position by 31.7% during the third quarter.

Entities

Costco Wholesale Corporation · Gary Millerchip · Ron Vachris · Violich Capital Management Inc. · Diamant Asset Management Inc.

Timeline

  1. [BUSINESS] 2 sources
    Costco Wholesale faces stock split speculation amid rising institutional investment

    Costco Wholesale Corporation faces speculation of a stock split as its share price nears $1,000 and institutional investors, including Martin Capital Partners, increase their holdings.

  2. [BUSINESS] 2 sources
    Costco Wholesale reports rising net sales and strong fiscal fourth quarter results

    Costco Wholesale reported a 11.2% rise in quarterly net sales to $93.9 billion and annual sales of $297.2 billion, driven by strong U.S. and digital growth.

  3. [BUSINESS] 7 sources
    Costco reports strong fiscal 2026 results with $297.2 billion in net sales

    Costco reported strong fiscal 2026 results, with annual net sales rising 10.1% to $297.2 billion and membership reaching 84.1 million paid members.

Sources

ad-hoc-news.de · aktiencheck.de · anlegerplus.de · insideretail.asia · news.alphastreet.com · retailwit.com · stocknews.com · theascent.com · theshelbyreport.com

This summary has been updated 1 time: see revision history