Costco Q1 2026: A sleeping digital giant? - 12.11.2025 (001)

In this episode of Earnings Unscripted, Susie and Miro unpack a quarter that proves Costco is far more than just $1.50 hot dogs and bulk toilet paper. While the headline numbers were solid (revenue up 8% and a nice EPS beat) the real story is happening behind the scenes.We discuss how a retailer famous for resisting technology suddenly posted a massive 20% surge in e-commerce and a 48% jump in app traffic. Is the sleeping digital giant finally waking up?We also dig into the mechanics of the long-awaited membership fee hike. The income jump was huge, but the math reveals a surprising truth about volume versus price.Plus, we explore a rare "crack" in the renewal rate caused by younger shoppers, the company's massive inventory bet to dodge tariffs, and, believe it or not, Costco’s plan to build apartments on top of their warehouses. 🌭🏗️Tune in for a sharp, no-fluff breakdown of what this really means for the stock and the future of the warehouse club model.*****************************************Email: [email protected]: @EarnUnscripted*******************************************Disclaimer: This podcast is for informational and educational purposes only and does not constitute financial, investment, or legal advice. Content may include AI-generated analysis and summaries that can contain inaccuracies. Always conduct your own research or consult a qualified professional.*