“We currently expect to have 26 net new openings in fiscal year 20 down 2 buildings from the prior call with those 2 buildings now set to open in fiscal year 27.”

In context

“lowing 2 to 3 months. As we have mentioned before, our plan is to return to our members in some form the portion of tariffs that were passed on to them. How much we return and when depends on a variety of factors. Including how much refund money we receive, and when it arrives, as well as developments in the lawsuit filed against the company regarding the return process. Turning to progress with growth priorities. Our real estate operations team continues to focus on increasing our pipeline of new warehouses both domestically and internationally. As we target 30+ net new openings per year in the coming years. In the quarter, we opened 4 net new warehouses, including 3 in the U.S., and 1 additional Canadian business center. Those openings brought our total warehouse count to 928 worldwide. We currently expect to have 26 net new openings in fiscal year 20 down 2 buildings from the prior call with those 2 buildings now set to open in fiscal year 27. So far this year, we have also completed 2 relocations with 1 more planned in Q4 as we continue to relocate select high volume warehouses to larger locations with more parking and expanded gas stations to provide a better member experience and drive more volumes in these warehouses. In digital, we are making meaningful strides to deliver a more seamless and convenient experience for our members across the warehouse and online. As a result of our investments in technology, the commitment from our employees to use this technology to deliver a great member experience, we are seeing a significant improvement in the speed of checkout. The enhancements we have made include improvements to the mobile wallet, the introduction of digital membership card with quick access on the Costco app, and the”