Costco will surpass 900 areas worldwide with the opening of several new warehouses in early March.
Again in December, the Issaquah, Washington-based retailer introduced plans to open 29 new areas throughout its 2025 fiscal 12 months, which runs till Aug. 31, 2025. Six of these are opening subsequent month within the U.S.
Costco at the moment operates 897 warehouses – 617 of that are within the U.S. and Puerto Rico – and with the opening of these six new U.S. areas will amass 903 areas.
Along with the 617 Costco warehouses within the U.S., the corporate has areas in Canada (109), Mexico (41), Japan (36) the U.Okay. (29), Korea (19), Australia (15), Taiwan (14), China (7), Spain (5), France (2) and one every in Iceland, New Zealand and Sweden.
Costco introduced six new shops opening March 2025. Listed below are the areas and scheduled opening dates:
Opening dates are on the Costco website, aside from the Genesee County, Michigan, location, for which the opening date was reported by a number of native media shops. Costco mentioned its firm coverage is to not share particular opening dates as a result of they’re topic to alter as a result of building schedules, metropolis necessities, and different points, in a press release to USA TODAY.
Costco additionally added three new areas to open within the weeks forward:
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Stuart, Florida (April 2025)
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Minami Alps, Japan (April 2025)
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Ardeer, Australia (2025)
Because it expands, Costco is seeing an increase in net sales, up 8.2% to $113.55 billion for the primary 22 weeks of its fiscal 12 months, which started Sept. 2, 2024. Comparable gross sales within the U.S. rose 6.6% throughout that interval, which included the vacation procuring season. Comparable U.S. gross sales rose 9.2% within the four-week interval ending Feb. 2, the corporate introduced earlier this month.
When Costco experiences its second quarter 2025 earnings on March 6, analysts polled by S&P International Market Intelligence expect income up greater than 7% to $63 billion and internet earnings of greater than $1.8 billion, a rise of 4.5% over the identical interval a 12 months in the past.
The worth of an annual Costco membership is $65 for U.S. and Canada Gold Star memberships; government memberships are $130 (comes with an annual 2% in rewards, as much as $1,250, and companies reductions). Costco raised membership prices in September 2024 for the primary time since 2017.
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