Costco said net sales for the first quarter ended November 23, 2025 (12 weeks) increased 8.2% to $65.98 billion from $60.99 billion in the same period last year.

1. 01

   Costco said net sales for the first quarter ended November 23, 2025 (12 weeks) increased 8.2% to $65.98 billion from $60.99 billion in the same period last year.

2. 02

   The company said net income for Q1 was $2,001 million, or $4.50 per diluted share, compared to $1,798 million, or $4.04 per diluted share, in the same period last year. It added that this year's results included a tax benefit of $72 million, or $0.16 per diluted share, related to stock-based compensation, which last year was $100 million, or $0.22 per diluted share.

3. 03

   Costco said comparable sales for the first quarter (12 weeks) were 6.4% on a total company basis (6.4% adjusted), 5.9% in the U.S., 6.5% in Canada (9.0% adjusted), and 20.5% for digitally-enabled sales. The company said adjusted figures exclude the impacts from changes in gasoline prices and foreign exchange.

4. 04

   Costco reported that net cash provided by operating activities for the 12 weeks was $4,688 million ($3,260 million last year), with changes in working capital of $1,534 million. It said additions to property and equipment for the same period were $1,526 million and cash and cash equivalents at the end of the period were $16,217 million.

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Original filing

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