Argus
•
May 29, 2026
Costco Wholesale Corporation: Costco discusses AI opportunities on 3Q call
Symbols
COSTSector(s)
Consumer Defensive
Rating
Earnings Estimate
Current Price
$956.32
Price Target
Summary
Costco operates 924 stores, for paying members, averaging 147,000 square feet each. Fees from the company's cardholders provided about 2% of its $275 billion in total FY25 revenue. Based in Issaquah, Washington, the company ended 2025 with approximately 634 stores in the U.S. and Puerto Rico, 114 stores in Canada, 42 in Mexico, 29 in the United Kingdom, 37 in Japan, 14 in Taiwan, 20 in South Korea, 15 in Australia, seven in China, five in Spain, three in France, two in Sweden, one in Iceland, and one in New Zealand. About 41% of sales are sundries (including candy, alcohol, and tobacco); 14% fresh food; 26% nonfood, including hard lines (such as electronics and appliances) and soft lines (including apparel and jewelry); and 19% other ancillary businesses, including gas stations, pharmacy, optical, hearing aids, and printing. International stores represent about 27% of total sales and 34% of operating income. At the end of FY25, Costco had approximately 135 million square feet of floor space. The company has 341,000 employees.
Dig
Upgrade to begin using premium research reports and get so much more.
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
UpgradeAnalyst Profile
Chris Graja, CFA
Senior Analyst: Retail
Chris covers the Consumer sector for Argus. He was the #1 Stock Picker in the Household Durables sector, winning the 2019 StarMine U.S. Analyst award from Refinitiv. He was the #1 Stock Picker in Food and Staples Retailing, winning back-to-back U.S. Analyst Awards in 2015 and 2016. He received a prestigious Volunteer of the Year award from the New York Society of Security Analysts in 2000. Prior to Argus, Chris spent 16 years at Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s research division before joining the new Bloomberg magazine as Technical Studies Editor in 1993. He rose to Executive Markets Editor of the publishing group. Chris co-authored the book “Investing in Small-Cap Stocks,” which was published in three U.S. editions, an audio book, and two Chinese editions. Chris earned an MBA from Rutgers University. He is a CFA charterholder.
