"Costco's Q2 FY2026 print was textbook. Revenue hit $69.60 billion, up 9.22% year over year, and EPS came in at $4.58 against a $4.54 consensus. The real engine is the membership base: 82.1 million paid members, an 89.7% worldwide renewal rate, and $1.35 billion in fee income, up 13.6%."
"Target's quarter told the opposite story. Adjusted EPS of $2.44, comfortably beating the $2.16 consensus, but revenue slipped to $30.45 billion, down 1.5% year over year. Comparable sales fell 2.5%, with store comps off 3.9% and transactions down 2.9%."
Costco reported a successful Q2 FY2026 with revenue of $69.60 billion, a 9.22% increase year over year, and a strong membership base of 82.1 million. The company saw a significant rise in digital sales and membership fees. In contrast, Target's revenue fell to $30.45 billion, a 1.5% decrease, despite an adjusted EPS beat. Target's CEO aims to improve merchandising and digital ad growth while facing challenges in sales and transactions. Costco's international expansion and private label growth further differentiate the two retailers.
Read at 24/7 Wall St.
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