Costco (cost) Q2 2025 profit

Costco On Thursday, Miss Profit was reported, but won the income expectations for the second quarter, as quarterly comparable sales grew.

More than 1%celebrated the shares on Thursday night.

Here’s how the wholesale company did compared to what Wall -Restitis was waiting for a quarter, ended on February 16, based on LSEG analysts:

• Profit per share: 4.02 dollars against $ 4.11 expected
• Income: 63.72 billion dollars Against $ 63.13 billion is expected

COSTCO CEO Ron Wahris said, though difficult to predict the impact tariffsThe company seeks to minimize the cost increase for members. According to him, a third of sales in the United States are imports, and less than half from China, Mexico and Canada.

“In uncertain times, our members historically attach even greater importance to the cost of quality items at high prices, and our teams will continue to rise to this problem, using our global purchasing power, great relations of suppliers and innovation,” Vahris said.

Referring to the tariff consequences for the products, Vahris said the margin is “much tougher” in the field, but this Costco will work with suppliers to mitigate the fall for consumers.

President Donald Trump Imposed 25% tariffs On Mexico and Canada and this week doubled its tariff by 20%, though the White House – Note On Thursday, the United States will release goods that comply with the US-Mexico Cape agreement by April 2. Retailers allegedly Target and Best Buy They warned that tariffs would probably lead to raising prices.

The profit in the second quarter of Costco increased by 9% to $ 63.72 billion, from $ 58.44 billion for the same quarter in the financial 2024. Clean sales for the quarter increased by 9.1% to $ 62.53 compared to $ 57.33 billion a year.

Participants for the quarter amounted to $ 1.19 billion, which compared to $ 1.11 billion in the second quarter of 2024, and the company reported $ 78.4 million and 140.6 million card holders. Worldwide, the Costco extension level was 90.5%, which is 0.1% compared to the last quarter.

Retail trade raised Its annual US and Canada membership fees for the first time since 2017, although CEO Gary Millerchip said that the impact on the total fee was only 3%.

Costco reported a net income for the second quarter of $ 1.79 billion, or $ 4.02 per share, compared to a net profit of $ 1.74 billion, or $ 3.92 per share in the second quarter of 2024.

Quarterly comparable sales, which Costco define both e -commerce sales and websites, grew by more than a year, increased by 6.8% over the year, compared to the Sitteaccount estimate 6.4%, and increased by 8.3% in comparative US sales for e -commerce per year.

The monthly sales increase decreased from 7.5% in January to 6.5% in February. Extreme weather last month caused “some hits here and there,” said Vakhris, but the company resumed most of this lost business.

Movement purchases grew by 5.7% per year, increasing by 5.6% in the US The main categories of sales of the company included gold and jewelry, furniture, equipment and toys that have grown double numbers for the year, Millerchip reports.

Consumer behavior, Millerchip said, has not changed in the last few quarters. According to him, the members of the Costco selective with the products they buy and would become even more if tariffs and inflation will grow more significant.

“We believe that the participant is probably as focused on quality, values ​​and novelty as it has been for quite a while, but they still show this willingness to spend,” Millerchip said.

The Fresh Foods Costco category felt growth in high definite figures, Millerchip said. Continuing the trend in the past quarter, the sale of meat increased by double digits, Millerchip said when consumers moved toward the lower costs like beef. Customers continued to spend more on food, he added.

The sections of the meat and bakery categorized the category of fresh products to head Costco categories in inflation, although total inflation was in low single numbers, he added.