SHARPE
Reported results
- Net sales for fiscal year 2026 increased 10.1% to $297.2 billion from $269.9 billion in fiscal 2025 (GAAP)
- Net income for fiscal year 2026 was $9.226 billion, or $20.76 per diluted share, compared to $8.099 billion, or $18.21 per diluted share, in fiscal 2025 (GAAP)
- Fourth quarter net sales increased 11.2% to $93.9 billion from $84.4 billion in the prior year quarter (GAAP)
- Fourth quarter net income was $2.998 billion, or $6.75 per diluted share, compared to $2.610 billion, or $5.87 per diluted share, in the prior year quarter (GAAP)
- Comparable sales for fiscal year 2026 were 8.4% on a total company basis, or 6.6% excluding impacts from changes in gasoline prices and foreign exchange (non-GAAP adjusted)
- The company operates 939 warehouses as of August 30, 2026
Notes
Fourth quarter 2026 net income was positively impacted by a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received in the quarter, less partial reinvestment of those refunds in increased member values.
Price and volatility reaction
The stock moved +1.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 907.685 | 2026-09-24 |
| Close after release | 922.77 | 2026-09-25 |
| Realised move | +1.7% | close to close |
| 30d ATM IV change | -3.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-24 (8-K, Item 2.02). Read the original filing on sec.gov.