From Yahoo Finance.: 2025-06-02 08:33:00

Costco Wholesale reported a net sales increase of 8% to $61.96bn in Q3 FY25, with comparable sales up 5.7% and e-commerce sales growing by 14.8%. Gross margin improved to 11.25%, with net income reaching $1.9bn or $4.28 per diluted share, a 13.2% increase.

Despite facing challenges like a $130m LIFO charge, Costco saw Q3 membership income grow by 10.4% and worldwide membership renewals at 90.2%. Total cardholders now number 142.8 million, with 6.6% growth, and net sales for the first 36 weeks of FY25 rose 8.2% to $185.48bn.

Costco CEO Ron Vachris emphasized agility in response to evolving tariffs, rerouting goods to non-US markets to mitigate impacts. The company operates 905 warehouses globally and continues to expand its e-commerce presence in several countries. In early 2025, Costco Teamsters voted for a strike over contract terms.



Read more at Yahoo Finance.: Costco Wholesale sees 8% net sales increase in Q3 FY25