Costco Wholesale Corporation · COST · Next earnings

Costco Wholesale Corporation reports Thursday, Dec 10, 2026

COST reports after market close with consensus EPS at $4.92 and revenue at $74.26B. Last quarter: Costco’s growth broadens as warehouses and digital sales accelerate

Reports After market close36 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $4.92 Calendar consensus
Consensus revenue $74.26B Calendar consensus
Report date Dec 10, 2026 Thursday, date estimated
Session After market close 36 days away

Where COST left off: FY2026 Q4

Full report

Costco’s growth broadens as warehouses and digital sales accelerate

EPS surprise +3.2% Reported $6.75 vs $6.54
Revenue surprise -1.2% Reported $93.87B vs $94.97B
Stock move +2.9% Event window
Subsequent drift +0.0% Up to 20 sessions

No formal guidance was provided in the supplied analysis. Management outlined a plan for 33 FY27 warehouse openings, higher FY27 capital spending, broader delivery partnerships, and continued AI-search investment.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Uncertainty around future tariffs and the timing of IEEPA refunds.
  • Non-food inflation, including memory-chip and petroleum-based input costs.
  • Supply-chain disruptions and fuel-price volatility.
  • Higher LIFO charges and ongoing SG&A pressure.
  • Membership-growth deceleration or weaker renewal trends.

Questions analysts left open

  • Whether tariff-refund price reductions generate sufficient return on investment.
  • Slowing membership growth and its effect on long-term sales.
  • Potential vendor price increases and commodity-cost inflation.
  • SG&A pressure, including health-care and liability expenses.

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Recent COST quarters

All COST earnings
+2.9%FY2026 Q4-3.9%FY2026 Q3-0.0%FY2026 Q1-2.9%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q4

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.