Meet&Co
ISSAQUAH, Wash. – Costco Wholesale reported robust performance in home furnishings and housewares during its fiscal second quarter (ended Feb. 16), both in-store and online.
Non-food merchandise drove consolidated comparable sales growth, rising in the mid-teens, with double-digit gains in home furnishings, housewares, consumer electronics, jewelry, and toys. Online sales surged 20.9%, led by home categories, gold/jewelry, small electronics, hardware, sporting goods, and toys.
Total net sales rose 9.1% to $62.53 billion, while consolidated comps (excluding fuel/currency shifts) also climbed 9.1%. U.S. comps grew 8.6%, fueled by a 5.6% traffic increase and a 2.8% rise in average ticket size.
During Costco’s investor call, executives noted members remain focused on quality, value, and new products but are becoming more selective in purchases.
When asked about potential tariffs under President Trump’s plans, CEO Ron Vachris described the situation as “fluid,” adding, “As we say, when it rains, it rains on everyone. Our people are nimble, and they’re ready to go at it if they have to.”
CFO Gary Millerchip shared that imports account for roughly one-third of Costco U.S. merchandise sales, with less than half of total sales linked to goods from China, Mexico, and Canada.
