Costco Reports Q4 September 24 With DoorDash Deal Too Late to Count

EarningsM&A · Partnership

โดย 24/7 Wall St.·

Summary · why it matters

Costco reports fiscal fourth-quarter results after the close on Wednesday, September 24, 2026, and its same-day delivery tie-up with DoorDash went live after the quarter closed, so the new channel cannot contribute to reported sales or earnings. The quarter covers the roughly 16-week period ending in late August or early September, and management has disclosed no fee split, margin effect, or volume target for the partnership. Costco's digital business was already accelerating without it, with fiscal Q3 2026 digitally-enabled comparable sales of 21.5% and e-commerce site and app traffic up 37%, following 22.6% digital comps in Q2. Membership economics remain the moat: Q3 brought 82.9 million paid members, membership fees of $1.37 billion, up 10.7%, and a worldwide renewal rate of 89.7%. The stock enters the quarter at $893.93, down 7.01% over the past month, and trades at a P/E of 45x, with analysts carrying a target of $1,072.20.