Costco Wholesale Corporation (COST) Announced Q2 2026 Earnings on March 5, 2026, Reporting Net sales for the second quarter were $68.24 billion.

Costco Wholesale Corporation reported net income for the second quarter of 2026 at $2.035 billion, or $4.58 per diluted share.Net sales for the second quarter were $68.24 billion, which represents an increase of 9.1 percent from the second quarter of 2025.Comparable sales were up 7.4 percent.The company reported membership fee income of $1.355 billion, an increase of 13.6 percent year-over-year.The quarter ended with 82.1 million total paid members and 4.4 million paid executive memberships.Management highlighted several key business priorities, including increasing the pipeline of new warehouses domestically and internationally.The company expects to have 28 net new openings in fiscal year 2026 and is targeting 30-plus new openings per year in the coming years. In digital and warehouse operations, the company is piloting automated pay stations that allow members to pay seamlessly, with an average transaction time of around 8 seconds.Additionally, personalized product recommendation carousels drove over $470 million of e-commerce sales in the second quarter.Looking ahead, the company estimates full-year capital expenditure will be approximately $6.5 billion to support a larger pipeline of new warehouses, remodeling existing locations, expanding the depot network, and enhancing the digital experience.Management noted that egg price deflation is expected to continue to be a headwind to sales in food and sundries for the foreseeable future.Furthermore, they indicated that the situation in the Middle East could impact fuel costs and shipping schedules if there is instability in the region for a sustained period of time.During the quarter, Costco lowered prices on several Kirkland Signature items, including butter, organic coconut water, and olive oil.The company also launched approximately 30 new Kirkland Signature items, such as crispy wings and blackened salmon.The pharmacy and food court businesses experienced double-digit comparable sales growth.Same-day delivery services offered through Instacart, Uber Eats, and DoorDash continued to grow at a faster pace than overall digital sales.