Quarterly guidance

Quarterly guidance
No quarterly guidance was given.

Annual guidance

Warehouse Openings
Planning to open 33 warehouses in fiscal year 2027.
Capital Expenditure
Planning approximately $7.5 billion in capital expenditure for fiscal year 2027.

Outlook

Inflation
Overall inflation during Q4 remained in the low single digits.
Supply Chain
Product is flowing relatively smoothly despite minor shipping disruptions from typhoons in Asia and Panama Canal delays.
Capital Expenditure
Expects a slowing in the rate of capital expenditure growth following 3 years of outsized growth beginning in fiscal year 2025.
Digital Growth
Digital capabilities continue to mature, with integrations of popular items from Costco Next into the main app and website.