Costco Beats Revenue Estimates as Record Gas Volumes Drive Member Traffic. AI Could Power the Next Leg Higher for COST Stock.

Costco Beats Revenue Estimates as Record Gas Volumes Drive Member Traffic. The retailer posted fiscal Q3 net sales of $69.15 billion, up 11.6% year over year, with total revenue at $70.5 billion and an EPS of $4.93. Net income rose to $2.19 billion. Adjusted comparable sales rose 6.6% for the quarter, and membership fee income climbed 10.7% to $1.37 billion, with total paid members at 82.9 million and Executive Members at 41.2 million. The fuel business emerged as a key traffic driver, with record gas volumes and first‑time gas customers; management cited wider stock levels and a maintained price gap over competitors to support demand. Costco has faced a tariff dispute tied to import duties, and executives indicated refunds to members may be issued as part of a broader resolution plan.