Costco Announces $7.5 Billion Capital Expenditure Plan for FY2027 with Target of Opening 33 Warehouses
Costco Wholesale Corporation (COST) has outlined a capital expenditure plan of $7.5 billion for fiscal year 2027, as part of its strategy to expand operations and open 33 new warehouses during the period. CEO Ron Vachris confirmed that Costco ended FY2026 with 939 warehouses globally. Of the planned openings in FY2027, five will be relocations rather than entirely new stores. The expansion reflects Costco's ongoing commitment to growth and infrastructure development across its global footprint. The company’s capex plan underscores confidence in future demand for its services and continued investment in physical retail presence despite broader industry trends toward digital transformation.
Tickers: $COST
Topics: expansion plans retail warehouse growth