Costco Wholesale Corp

Strong Financial Performance: Costco reported a net income of $1.788 billion for Q2 2025, translating to $4.02 per diluted share, a year-over-year increase from $1.743 billion ($3.92 per share). When excluding a previous year's tax benefit impact, this reflects an 8.4% growth in net income and earnings per diluted share.

Sales Growth and Trends: Net sales reached $62.53 billion, a 9.1% increase from $57.33 billion in Q2 2024. U.S. comparable sales rose by 8.3%, while e-commerce sales surged by 20.9%, demonstrating a strong online performance and a trend towards higher in-home food consumption. The overall membership growth also remained robust, with 78.4 million paid household members, growing by 6.8% year-over-year.

Future Openings and Expansion Plans: Costco anticipates opening 28 new warehouses in FY 2025, signaling a commitment to growth. This includes significant milestones such as the upcoming 900th global location. The strategy of expanding gas station hours aims to enhance member convenience, addressing customer needs directly.