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BackCostco’s fourth quarter fiscal year 2026 earnings report is eye-catching, and travel business has become a dark horse
Costco’s fourth quarter fiscal year 2026 earnings report is eye-catching, and travel business has become a dark horse
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自由时报1 hour agoBusiness2 min readChinaView original

Costco’s fourth quarter fiscal year 2026 earnings report is eye-catching, and travel business has become a dark horse

Costco announced its financial report for the fourth quarter of fiscal year 2026. Both revenue and earnings per share were better than expected. Its travel business has grown significantly, and some members even spent more than $210,000 to book a 154-night cruise.

costcofinancial reportron vachris

Quick Look

  • Costco announced its fourth-quarter financial report for fiscal year 2026, with earnings per share of US$6.75 and revenue of US$95.72 billion, both better than expected.
  • CEO Ron Vachris pointed out that the travel business has grown by double digits, with more than 750,000 members taking cruises throughout the year, and a mysterious guest spending more than US$218,000 to book a 154-night luxury cruise.

AI-generated summary

Why It Matters

Costco announced its fourth quarter financial report for fiscal year 2026 and disclosed the operating performance of its travel business in a conference call.

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Costco announced its financial results for the fourth quarter of fiscal year 2026, with impressive results. In addition to the continued expansion of the store business, CEO Ron Vachris also revealed an eye-catching "hidden" travel business in the earnings call. Not only did more than 750,000 members take cruises a year, but a mysterious guest even spent more than US$218,000 (approximately NT$6.92 million) and booked a 154-night luxury cruise itinerary.

Earnings per share in the fourth quarter of fiscal year 2026 as of August 30 were US$6.75, higher than analysts' estimates of US$6.54; excluding the 15 cents from the tax rebate, it still reached US$6.60. Revenue grew 11% to $95.72 billion, which was also higher than market expectations.

However, in addition to the store business, the performance of Costco Travel's travel business is also particularly eye-catching. CEO Ron Vachris said in an earnings call on the 24th that Costco Travel continues to add new travel package itineraries and global travel destinations. In fiscal year 2026, including vacation packages, cruises and car rental businesses, all showed double-digit growth, showing that related services continue to be favored by members.

Among them, the cruise business has experienced remarkable growth. He revealed that in fiscal year 2026, more than 750,000 members will take cruises through Costco, an increase of 16% from the previous year.

Vachris also shared an amazing member order. One member booked a 154-night trip on the Regent Seven Seas cruise ship through Costco Travel, spending more than $218,000.

However, after the mystery member completes the journey, he will also receive a considerable amount of Costco rewards. Vachris said that at the end of the 154-night cruise, members will receive a Costco Shop Card worth US$8,800 (approximately NT$279,000).

As of the release of the latest financial report, Costco operates a total of 939 stores around the world, including 647 stores in the United States and Puerto Rico, 115 stores in Canada, 37 stores in Japan, 20 stores in South Korea, 14 stores in Taiwan, and 7 stores in China. Vachris also revealed that the company currently plans to open 33 more stores in fiscal year 2027, 5 of which will be relocated stores, as it continues to expand its global presence.

What to Watch

AI outlook — possibilities, not facts

  • Open 33 new stores in fiscal year 2027

    Very likely · Within months

Open Questions

  • Will Costoco Travel further expand high unit price travel products in the future?
  • What is the detailed distribution of the 33 new stores expected to be opened in fiscal year 2027?

Related Topics

costco
PeopleRon Vachris
OrganizationsCostcoCostco TravelRegent Seven Seas Cruises
PlacesUnited StatesPuerto RicoCanadaJapan
Topicsfinancial reportron vachriscostco travelcruise shiprevenue
This article was originally published by 自由时报.

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