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Costco Wholesale Corporation (COST) Period Ending/ Tradin...
2026-05-07 · via All Articles on Seeking Alpha

Costco Wholesale Corporation (COST) Period Ending/ Trading Statement Call May 5, 2026 8:00 PM EDT

Company Participants

Andrew Yoon - Director of Financial Planning & Investor Relations

Presentation

Andrew Yoon
Director of Financial Planning & Investor Relations

Hello. I'm Andrew Yoon, Director of Finance and Investor Relations, and I'll review our sales results for the 4-week retail month of April, which started on Monday, April 6, and ended on Sunday, May 3. This period is compared to the 4 weeks that began last year on Monday, April 7 and ended on Sunday, May 4. This call will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These statements involve risks and uncertainties that may cause actual events, results and/or performance to differ materially from those indicated by such statements. The risks and uncertainties include, but are not limited to, those outlined in today's call and sales release as well as other risks identified from time to time in the company's public statements and reports filed with the SEC. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update them, except as required by law. Comparable sales and comparable sales, excluding all gasoline sales and the impact of foreign exchange are intended as supplemental information but are not a substitute for net sales presented in accordance with U.S. GAAP.

As reported in our release, net sales for the month came in at $23.92 billion, an increase of 13.0% from $21.18 billion last year. April had one additional shopping day versus last year due to the calendar shift of Easter. This positively impacted both total and comparable sales by approximately 1.5% to 2%. Reported comparable sales for the month were as follows: U.S. 11.7%; Canada 11.5%; Other International, 11.5%; Total Company, 11.6%; Digitally-Enabled 18.8%. Comparable sales for the month, excluding the impacts from changes in gasoline