BOOT

Fiscal Performance: Costco reported first-quarter fiscal 2026 results with earnings of $4.34 per share, exceeding estimates, while total revenues reached $67.3 billion, slightly below expectations but up 8.3% year over year.

Membership Growth: The company saw a 5.2% increase in paid household members, reaching 81.4 million, and a strong membership renewal rate of 92.2% in the U.S. and Canada, contributing to revenue growth.

E-commerce and Sales Trends: Comparable sales rose 6.4% year over year, with e-commerce sales surging 20.5%, driven by improvements in personalization and app functionality, alongside strong performance in various product categories.

Expansion Plans: Costco plans to open 28 new warehouses in fiscal 2026, having already opened eight in the recent quarter, while maintaining a focus on capital expenditures for logistics and technology enhancements.

Chewy's Financial Performance: Chewy, Inc. reported strong third-quarter fiscal 2025 results, with net sales of $3.12 billion and adjusted earnings of 32 cents per share, both exceeding estimates and showing year-over-year growth.

Growth Drivers: The company's Autoship program significantly contributed to its success, with customer sales rising nearly 13.6% year over year, leading to an increase in active customers to 21.2 million.

Future Projections: For the fourth quarter of fiscal 2025, Chewy anticipates net sales between $3.24 billion and $3.26 billion, with adjusted earnings per share expected to range from 24 to 27 cents.

Market Position: Chewy's stock has gained 2% over the past three months, contrasting with a 3.2% decline in the industry, while other companies like Five Below and Boot Barn also show promising growth potential.