Overview

• Costco's net sales hit $58.52 billion, exceeding estimates of $57.98 billion.
• E-commerce sales saw a notable increase of 20.7%, led by high-demand items like gold and silver bullion.
• Membership revenue reached $1.12 billion, with total paid members growing to 74.5 million.
• The company expanded its partnership with Uber Grocery, enhancing delivery services across the US and Canada.
• CEO Ron Vachris emphasized the company's competitive pricing strategy and future growth plans, including new store openings.