Will Costco say “Labor”?

Costco said “Labor” 1 time on its Sep 24, 2026 call (FY26 Q4), and on 6 of its last 8 calls: 2, 2, 0, 3, 1, 1, 0, 1 times. As of Oct 24, 2026, Costco said “Labor” on 3 of 5 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (60%), most recently on Sep 24, 2026. Parrot’s p for the next listing is 49% (n=5, from settlement history blended with transcripts), not a forecast.

49%from settlement history blended with transcripts · n=5counts: company speakers + operator
Last 10
3/5Last 10 settled, oldest to newest: yes yes no no yes
Streak
said last time
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

Costco

Labor

Probability
49% · n=5
Settled
3/5 (60%)
Last calls
said in 4 of 8

Next listing counts: company speakers + operator

FY26 Q4 earnings call, Sep 24, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Gary Millerchipcompanyprepared · 14:38Hear it 14:35, Gary Millerchip In transcript

…efficiencies drove margin improvement across all categories. Fresh also benefited from higher labor productivity in meat, bakery and deli. Non-foods benefited from strong sell-through rates…

FY26 Q3 earnings call, May 28, 2026 · not said

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FY26 Q2 earnings call, Mar 5, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 by speakers the rule does not count.

Michael LasseranalystqaIn transcript

…those savings, reinvest it back in areas like the store wages, store labor and/or price? And are you starting to see any diminishing returns on…

Not counted under this market’s speaker rule.

FY26 Q1 earnings call, Dec 11, 2025 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Gary MillerchipcompanypreparedIn transcript

…that time, we've been able to improve working capital and lower the labor required to manage inventory without impacting in-stocks or sales. Finally, in terms…

FY25 Q4 earnings call, Sep 25, 2025 · said 3 times (counts)

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FY25 Q3 earnings call, May 29, 2025 · not said

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FY25 Q2 earnings call, Mar 6, 2025 · said 2 times (counts)

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FY25 Q1 earnings call, Dec 12, 2024 · said 2 times (counts)

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Every settled listing

newest first · 7 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Sep 24, 2026LaborPolymarketYes1
Sep 24, 2026LaborKalshiYes1
May 28, 2026LaborKalshiNo0
Mar 5, 2026LaborKalshiNo0
Dec 11, 2025LaborPolymarketYes1
Dec 11, 2025LaborKalshiYes1
Sep 25, 2025LaborKalshiYes3

Questions

How many times did Costco say “Labor” on its last earnings call?
Costco said “Labor” 1 time on its Sep 24, 2026 call (FY26 Q4), and on 6 of its last 8 calls: 2, 2, 0, 3, 1, 1, 0, 1 times.
How often does Costco say “Labor”?
As of Oct 24, 2026, Costco said “Labor” on 3 of 5 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (60%), most recently on Sep 24, 2026.
What is the probability Costco says “Labor” next time?
49%, from settlement history blended with transcripts (n=5). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Costco: ‘Labor’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COST/words/labor (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=costco&word=labor · quotes: /api/v1/quotes?entity=costco&word=… · columnar JSON in #parrot-data · llms.txt · MCP