Costco Reports June Sales of $29.24B, Declares $1.47 Quarterly Dividend
Costco Wholesale reported June net sales of $29.24 billion, a 10.6% year-over-year increase, and its Board declared a quarterly cash dividend of $1.47 per share payable on August 7, 2026.
Key Numbers
Costco Wholesale Corporation (COST) reported June net sales of $29.24 billion, representing a 10.6% increase compared to the same period last year. The company's Board also declared a quarterly cash dividend of $1.47 per share, payable on August 7, 2026.
Key Financial Results
| Metric | Value |
|---|---|
| June Net Sales | $29.24 billion |
| YoY Growth | 10.6% |
| Quarterly Dividend | $1.47 per share |
| Ex-Dividend Date | July 24, 2026 |
| Payment Date | August 7, 2026 |
Highlights from the Announcement
Costco attributed the sales growth to increased foot traffic and membership growth, emphasizing that its recurring membership fee model underpins strong cash flows. The dividend declaration underscores its commitment to returning capital to shareholders.
Future Guidance
Costco did not provide specific quarterly guidance, but the double-digit sales growth signals sustained demand for its wholesale model.
Impact on the Stock
Investors are likely to view the strong sales growth and dividend positively, potentially supporting COST's stock price.
What This Means for Investors
The announcement highlights the resilience of Costco's membership-based business model, which generates consistent sales growth and enables regular dividend payouts.
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