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Based on the provided context, there is no information about Costco’s Q1 2025 earnings. The available data covers Costco’s Fiscal Q2 2025 results, including financial highlights, market expansion, and strategic initiatives.
### Costco Wholesale Corporation Fiscal Q2 2025 Summary
Financial & Operational Highlights:
– Revenue: Net sales rose 9.1% YoY to $62.53B (vs. $57.33B last year) .
– U.S. comp sales up 8.3%, Canada 4.6% (10.5% adjusted for gas/FX), Other International 1.7% (10.3% adjusted) .
– Gross Margin: Increased slightly to 10.85% (vs. 10.8% last year) .
– Traffic Growth: 5.7% worldwide, with average transaction up 1% .
Market Expansion:
– Opened 1 new warehouse in Q2, plans to open 28 new locations in fiscal 2025 (mostly U.S. with some international) .
Strategic Initiatives:
– Enhanced co-brand credit card benefits (e.g., 5% cashback on gas, 4% for Executive members) .
– Kirkland Signature product launches (diapers, French fries, beverages) .
– Retail Media expansion with ~10 active campaigns and more in pipeline .
Forward-Looking Guidance:
– Expects FX and tariff challenges but remains focused on member value and operational efficiency .
Would you like additional details from the Q2 2025 report?