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Costco earnings beat expectations, thanks to tariff refunds

Costco earnings beat expectations, thanks to tariff refunds

Title: Costco earnings beat expectations, thanks to tariff refunds

URL Source: https://www.marketwatch.com/story/costco-earnings-beat-expectations-thanks-to-tariff-refunds-e7270cfa?mod=mw_rss_topstories

Published Time: 2026-09-24T20:54:00.000Z

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Costco earnings beat expectations, thanks to tariff refunds

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Earnings Results

Costco earnings beat expectations, thanks to tariff refunds

Retailer delivers fourth-quarter profit beat as investors pay close attention to pressures on U.S. consumers

By [Bill Peters](https://www.marketwatch.com/author/bill-peters?mod=article_byline)

Sept. 24, 2026, 4:54 p.m. ET

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![Image 3: Customers with shopping carts in a Costco parking lot.](https://images.mktw.net/im-24243658?width=1260&height=840)

Costco reported quarterly results on Thursday. Photo: Getty Images

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Costco Wholesale on Thursday reported quarterly results that beat expectations, helped in part by tariff refunds.

The retail giant reported fourth-quarter revenue of $95.72 billion, an 11% year-over year gain and above FactSet forecasts for $94.97 billion. Same-store sales, or those made at established stores, rose 9.4% during the period, topping estimates for a 9% increase.

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Bill Peters is a Los Angeles–based MarketWatch reporter.

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2 responses to “Costco earnings beat expectations, thanks to tariff refunds”

  1. One-time tariff refunds inflating profits feels like a smoke and mirrors trick. I worry about real membership growth.

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