Costco, the United States-based wholesale giant, continues to make waves in the Australian market. The company has seen a significant year-on-year profit increase of 39.4%.
The financial report for the fiscal year ending on August 31, 2025, reveals an impressive annual income of $10.8 billion for the company. With a global footprint of 923 outlets, Costco currently provides employment to nearly 13,000 individuals.
The Australian segment of Costco, which also oversees operations in Taiwan, has reported a profit increase from $279 million in 2024 to $389.1 million. This demonstrates the continuing growth and profitability of the company in the region.
Costco has established 15 warehouses across Australia since launching its first location in Docklands, Melbourne, in 2009. The company’s expansion plans include the opening of another site in Victoria and a new location in Western Australia by 2027.
Costco’s after-tax profits now surpass those of Aldi, which is currently the third-largest supermarket in terms of market share in Australia. This achievement indicates Costco’s aggressive growth strategy and successful performance in the competitive Australian market.
What is the recent growth rate of Costco in the Australian market?
Costco has seen a significant year-on-year profit increase of 39.4% in the Australian market.
How many Costco warehouses are there in Australia?
As of now, Costco has established 15 warehouses across Australia.
How does Costco’s after-tax profit compare with that of Aldi in Australia?
Costco’s after-tax profits now surpass those of Aldi, which is the third-largest supermarket in the country in terms of market share. This indicates Costco’s strong performance in the competitive Australian market.
