Costco Wholesale Corp. (NASDAQ:COST) reported better-than-expected financial results for the first quarter of fiscal 2026 after the bell on Thursday.
Costco reported first-quarter revenue of $67.31 billion, beating analyst estimates of $67.14 billion, according to Benzinga Pro. The membership-based retailer reported fourth-quarter adjusted earnings of $4.50 per share, beating estimates of $4.27 per share.
Membership fees came in at approximately $1.33 billion, up from $1.17 billion in the prior year’s quarter.
Costco said it currently operates 923 warehouses, including 633 in the U.S. The …