Costco Q2 Earnings Highlights: Revenue & EPS Beat, Store Sales up 12.6 Percent and Early February Numbers

Shoppers walk out with full carts from a Costco store in Washington, on May 5, 2020. Nicholas Kamm/AFP via Getty Images

Costco Wholesale Corp reported second-quarter financial results after market close Thursday. Here are the highlights.

What Happened

Costco reported second-quarter net sales of $50.9 billion, up 16.1 percent year-over-year. Total revenue of $51.9 billion in the quarter beat a consensus estimate of $51.4 billion, according to Benzinga Pro.

Second-quarter revenue included $967 million from membership fees.