Costco (COST) reported fiscal second-quarter sales ꧟that topped analysts’ estimates, but earnings miss🐷ed as costs rose.

The membership-based retailer saw revenue rise 9% year-over-year to $63.72 billion, above the analyst consensus from Visible Alpha. However, Costco's net income of $1.79 billion, or $4.02 per share, missed expectations, despite rising from a year earlier. The results came as merchandise costs rose 9%.

The period marked the company’s second quarter since its 澳洲幸运5官方开奖结果体彩网:membership fee hike went into effect in September. Revenue from membership fees rose 7% year-over-year to $1.19 billion, though executives 澳洲幸运5官方开奖结果体彩网:previously said they expect the impact on margins to be weighted 💎to the back half of the fiscal year and into fiscal 2026. 

Shares of Costco slid 1.5% in after-hours trading Thursday following the release. They've added nearly a third of their value over the past year through Thursday's close after hitting a record high last month.