Costco's Q3 Beats Expectations on Sales Surge and Membership Gains
Costco reported fiscal Q3 net income of $2.19 billion and an 11.6% jump in sales to $69.15 billion, driven by 9.8% comparable‑sales growth, record gasoline volumes and a 21.5% rise in digitally enabled sales. Membership fees rose 10.7% as paid members hit 82.9 million, underscoring solid loyalty despite a muted stock reaction.