On March 5th after the market closed Costco reported fiscal Q2 results that held few surprises, reinforcing its position as one of retail’s most consistent operators. Net sales grew 9.1% to $68.24B for the quarter, landing virtually in-line with expectations, and underlying category trends remained steady across the business.
eCommerce growth once again exceeded 20%, and margins were positive despite ongoing tariff and cost pressures, reflecting disciplined expense management and strong operational execution. Overall, the quarter was characterized by stability, continued share gains, and a steady focus on delivering value to members.
*Note: Costco’s fiscal year runs from September to August, making their fiscal Q2 which ended February 15, 2026, comparable to other retailers’ Q4 2025 results.
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