CLAIM #16912 · Costco Wholesale Corp (COST) · 2026Q1 earnings call · Dec 11, 2025 · due Dec 11, 2026
“So we continue to we see some upside to the continued growth and the digital value of having the app and using the digital membership card, the Costco wallet, those things have all got a very nice road map the next twelve months. We see that number is gonna hopefully continue to outpace the growth of the warehouse.”
Ron Vachris · CEO
How to check this claim
Look at: Growth rate of app/digital engagement (e.g., digital membership card / Costco app usage) versus growth rate of warehouse (in-store) sales or traffic, next twelve months
It came true if: Reported or cited digital engagement growth rate > comparable warehouse sales/traffic growth rate
Where: Management commentary on Costco quarterly earnings calls over the next four quarters (digital/app adoption metrics vs. comparable warehouse sales growth)
In context
“o use some of those targeted personalized communication tools to really help members see the relevancy of of all the offers that we have online also to use those channels to help drive higher engagement into the warehouse as well and really creating seamless experience across the channels. Ron Vachris: Very excited about what we have coming in the app. I mean, more engagement, more lock in. The brick and mortar business with the virtual digital business as well. And, as we as we continue to roll out enhancements, we've got pay ahead for the pharmacy coming We've got ordering cakes and and deli trays online coming. Many of the things that we've heard from our members that could be a little bit clunky are now moving to a digital state, and we're seeing great adoption right out of the chute. So we continue to we see some upside to the continued growth and the digital value of having the app and using the digital membership card, the Costco wallet, those things have all got a very nice road map the next twelve months. We see that number is gonna hopefully continue to outpace the growth of the warehouse. Gary Millerchip: Thank you. Operator: And our next question comes from the line of John Heinbockel with Guggenheim. Your line is open. John Heinbockel: So hey, guys. So two two real estate questions. Lot of opportunity internationally. What does the pipeline look like? Both in some of your European countries and Asia? I know it takes takes a while. And then secondly, you you mentioned remodels. Which I don't think you you you haven't talked about too much. What is the remodel philosophy in The US How many do you do What's the what's the extent of that What's the lift? Know, I don't know how how impactful that is. Thank you. You wanna oh, I can start. You know, a good good runway internationally We see some good growth in Europe, especially in Spain and The UK. We have got a lot of good th”
Verify independently
SEC filings for COST ↗ · Claim quote is verbatim from the 2026Q1 earnings call.