- Costco has delivered solid quarterly income drawn by the increase in store visits but has missed expectations.
- CEO Ron Vachris said the company would work to minimize any increase in pricing costs.
- The company has added one million new remuneration and increased 93% renewals in the United States and Canada.
Costco delivered solid quarterly incomes while buyers turned to the Gros club to offer value to high prices elsewhere.
However, the results have missed the expectations of analysts in terms of profit per share and Costco shares fell by around 1.5% in trade after working hours.
The company said net sales of more than $ 62.5 billion for the quarter, up 9.1% against $ 57.3 billion for the same period last year, mainly motivated by an increase in visits.
During the call for earnings Thursday, CEO Ron Vachris said that even if it was difficult to predict the impact of prices, the company would work to minimize any cost increases for customers. He added that less than sixth of Costco products sold in the United States are imported from China, Mexico and Canada.
Financial director Gary Millerchip said that the uncertainty about prices led the company to buy additional stocks, which caused the cost of the supply chain during the quarter.
The data on pedestrian traffic found 2025 were strong at a good start for Costco, with visits of 7.7% – more than double the increase for Walmart and Target.
The company has added a million new paid subscriptions, pushing its renewal rate up to 93% in the United States and Canada.
Sales and sales and the use of applications also checked during its second tax quarter, and the company said it had recorded 43 million visits to its new warehouse inventory tool.
In his call to analysts, Costco leadership did not answer any questions about his position after his categorical defense of his diversity and inclusion policies and the meticulous examination of a group of republican attorney general.
For the future, the company plans to open 12 other American locations, including its 900th warehouse next week, plus two in Canada and four on other international markets.
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