Costco Sales Climb Again in October as Shoppers Keep Spending

Costco Wholesale Corporation COST sustained its steady comparable sales growth in October, reflecting its ongoing strength with value-conscious consumers. The company’s competitive pricing and quality merchandise — available both in-store and through its expanding e-commerce platform — continue to resonate with shoppers.

Inside Costco’s October Comparable Sales

For the four weeks ended Nov. 2, 2025, Costco reported a 6.6% year-over-year increase in total company comparable sales. Regionally, comparable sales rose 6.6% in the United States, 6.3% in Canada and 7.2% in Other International markets. This follows total comparable sales growth of 5.7% in September and 6.3% in August, signaling consistent momentum.

On an adjusted basis, excluding the impacts of gasoline price fluctuations and foreign exchange, U.S. comps climbed 6.7%, while Canada and Other International markets posted increases of 8.8% and 5.1%, respectively. Overall, total company comps, excluding these factors, grew 6.8%, following strong rises of 6% in September and 6.9% in August.

Digitally-enabled comparable sales surged 16.6% or 16.7% when adjusted for fuel and currency headwinds. This builds on gains of 26.1% in September and 18.4% in August, reflecting sustained strength in Costco’s online channel.

As a result, Costco's net sales for October increased 8.6% to $21.75 billion, up from $20.03 billion in the same period last year. This follows a sales improvement of 8% and 8.7% reported in September and August, respectively.

What’s Fueling Costco’s Momentum?

Costco continues to thrive on the strength of its membership-based model. With decent renewal rates, the retailer has built a loyal customer base. This membership loyalty not only supports steady sales but also reinforces Costco’s ability to maintain stable margins, even during periods of economic uncertainty. At the same time, Costco’s ability to leverage bulk purchasing and operate an efficient supply chain allows it to maintain sharp, competitive pricing in today’s inflation-sensitive environment.

Shares of this Zacks Rank #3 (Hold) company have advanced only 1.3% over the past year, underperforming the Retail – Discount Stores industry’s 5.4% rise.

Picks You Can’t Miss Out On

The Chefs' Warehouse, Inc. CHEF, a premier distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). CHEF has a trailing four-quarter earnings surprise of 14.7%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CHEF’s current financial-year sales and EPS calls for growth of 8.1% and 29.3%, respectively, from the year-ago reported numbers.

The TJX Companies, Inc. TJX, the leading off-price apparel and home fashion retailer in the United States and worldwide, currently carries a Zacks Rank #2 (Buy). TJX has a trailing four-quarter earnings surprise of 5.4%, on average. 

The Zacks Consensus Estimate for The TJX Companies’ current financial-year sales and EPS implies growth of 6.9% and 8.9%, respectively, from the year-ago reported numbers.

Ollie's Bargain Outlet Holdings, Inc. OLLI, a leading off-price retailer of brand-name household products, currently carries a Zacks Rank #2. OLLI has a trailing four-quarter earnings surprise of 4.2%, on average. 

The Zacks Consensus Estimate for Ollie's Bargain’s current financial-year sales and EPS suggests growth of 17.4% and 16.5%, respectively, from the year-ago reported numbers.

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This article originally published on Zacks Investment Research (zacks.com).

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