Overview

• Adjusted EPS of $4.28 topped consensus by four cents while revenue of $63.21 billion fell short by $100 million.
• Companywide comparable sales rose 8% driven by gains in fresh foods and discretionary categories.
• E-commerce sales surged 15.7% year over year while membership fee revenue held at $1.24 billion.
• CEO Ron Vachris highlighted supplier negotiations to lower staple prices and CFO Gary Millerchip reiterated that price increases remain a last resort.
• Expedited shipments and product rerouting helped mitigate tariff impacts and fueled a nearly 4% rise in Costco’s share price.