Costco Continues to Thrive Amid Uncertainty with Record Store Openings and Strong Financial Results

Costco Wholesale Corporation has reported another impressive quarter, defying economic uncertainty with a strong financial performance and record-breaking store openings. According to the company's recent Q3 2025 conference call transcript, Costco opened 9 new warehouses, including relocations in Melbourne, Australia, and Japan, bringing its total warehouse count to 914 worldwide.

In an effort to maintain its competitive price position amidst a challenging macroeconomic backdrop, the company has been working on lowering prices on key items such as eggs, butter, and olive oil. This strategy has paid off, with the company reporting two of its all-time highest gallon weeks in the U.S. during the last month.

Costco's Kirkland Signature brand continues to be a standout performer, with sales outpacing overall sales growth by 50 basis points year-over-year. The company's focus on sourcing more Kirkland Signature products locally or regionally has helped mitigate tariff impacts and reduce costs.

In response to evolving tariffs situations, Costco has been agile in its supply chain management. As an example, the company rerouted goods sourced from countries with large tariff exposure to non-U.S. markets during Q3 2025.

Costco's digital and technology initiatives are also driving growth, with the launch of a Buy Now Pay Later offering through its partnership with a firm. This new program allows members greater access to Costco values on big-ticket items at exclusive rates.

In the warehouses, the company is working on opportunities to further improve the member experience, including several new technology pilots aimed at speeding up checkout times. As it looks ahead to the remainder of the fiscal year, Costco remains confident in its operators' and merchants' ability to rise to challenges and continue offering great service and consistent values for members.