Costco Wholesale Corporation is a US membership-only warehouse club retailer founded on September 15, 1983 and headquartered in Issaquah, Washington. It trades on the Nasdaq under the ticker COST and is a component of the Nasdaq-100 and S&P 500. The company sells bulk groceries, general merchandise, and services through large-format warehouses to paying members.
For fiscal year 2025 Costco reported revenue of about US$275.2 billion and it employed roughly 341,000 people. As of mid-2026 the company carries a market capitalization of about US$412 billion, making it one of the largest retailers in the world by both sales and market value.
The company is led by Ron Vachris, who serves as President and Chief Executive Officer after becoming the company's third CEO in January 2024. Gary Millerchip, a former Kroger finance chief, is Executive Vice President and Chief Financial Officer, and Hamilton E. James serves as Non-Executive Chairman of the Board.
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Costco Salaries in United States (Updated 2026)
Cashier
Reported average
$20.66/hr
14 Salaries submitted
Stocker
Reported average
$23.78/hr
7 Salaries submitted
Warehouse Worker
Reported average
$22.59/hr
7 Salaries submitted
Forklift Operator
Reported average
$22.30/hr
16 Salaries submitted
Front End Associate
Reported average
$21.73/hr
11 Salaries submitted
Food Service Worker
Reported average
$19.33/hr
7 Salaries submitted
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Latest News & Updates
June 3, 2026
Costco posts double-digit Q3 FY2026 sales and profit growth
For the 12 weeks ended May 10, 2026, Costco reported net sales of $69.2 billion, up 12%, with total company comparable sales up 10% and net income of $2.2 billion, or $4.93 per diluted share. Membership fee revenue rose 11% to $1.37 billion, with 82.9 million paid members and a 92.2% US and Canada renewal rate.
Costco reported Q2 total revenue of $69.6 billion, up 9.2%, and EPS of $4.58, up 13.9% year over year, beating consensus. Comparable sales grew 7.4% and digitally-enabled comparable sales surged 22.6%.
Costco targets 28 net new warehouses in fiscal 2026
Costco said it expects to open 28 net new warehouses in fiscal 2026 and is targeting 30-plus openings annually over the longer term. The company operates 924 warehouses worldwide, including 634 in the US and Puerto Rico.
Costco ended Q2 with 82.1 million paid household members, up 4.8%, while executive memberships climbed a faster 9.5% to 40.4 million. Renewal rates held at 92.1% in the US and Canada and 89.7% worldwide.
Under a three-year employee agreement, Costco set top-of-scale clerk pay at $31.90 per hour and included two additional $1 hourly increases scheduled for March 2026 and March 2027. Most hourly staff receive raises of 50 cents to one dollar.
Costco is a US membership-only warehouse club that sells bulk groceries, general merchandise, and services through large-format warehouses to paying members.