Costco Wholesale Corporation Reports October Sales Results

Costco Wholesale Corporation Reports October Sales Results 
ISSAQUAH, WA -- (Marketwire) -- 11/01/12 --  Costco Wholesale
Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported
net sales of $7.67 billion for the month of October, the four weeks
ended October 28, 2012, an increase of nine percent from $7.01
billion during the similar four-week period last year.  
For the first nine weeks of its reporting period ended October 28,
2012, the Company reported net sales of $16.98 billion, an increase
of nine percent from $15.62 billion during the similar period last
year. 
Comparable sales for the four-week and nine-week periods ended
October 28, 2012: 


 
                                                      
                                     4 Weeks   9 Weeks
                                     -------   -------
                                                      
                     U.S.               7%        6%  
                     International      9%        8%  
                                                      
                     Total Company      7%        7%  
                                     =======   =======

 
Inflation in gasoline prices, as well as stronger foreign currencies,
had a positive impact on comparable sales for both periods. Excluding
these effects, comparable sales for the four-week and nine-week
periods were as follows: 


 
                                                      
                                     4 Weeks   9 Weeks
                                     -------   -------
                                                      
                     U.S.               5%        5%  
                     International      5%        6%  
                                                      
                     Total Company      5%        5%  
                                     =======   =======

 
Additional discussion of these sales results is available in a
pre-recorded telephone message. You can access the recording by
dialing 1-855-859-2056 (conference ID 28780239). This message will be
available today through 5:00 p.m. (PT) on Friday, November 2
, 2012. 
Costco currently operates 612 warehouses, including 442 in the United
States and Puerto Rico, 83 in Canada, 32 in Mexico, 22 in the United
Kingdom, 13 in Japan, nine in Taiwan, eight in Korea and three in
Australia. The Company plans to open up to ten additional warehouses
prior to the end of calendar year 2012. It also operates electronic
commerce web sites, at www.costco.com (U.S.), www.costco.ca (Canada),
and www.costco.co.uk (United Kingdom). 
Certain statements contained in this document and the pre-recorded
telephone message constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. For
these purposes, forward-looking statements are statements that
address activities, events, conditions or developments that the
Company expects or anticipates may occur in the future. Such
forward-looking statements involve risks and uncertainties that may
cause actual events, results or performance to differ materially from
those indicated by such statements. These risks and uncertainties
include, but are not limited to, domestic and international economic
conditions, including exchange rates, the effects of competition and
regulation, uncertainties in the financial markets, consumer and
small business spending patterns and debt levels, conditions
affecting the acquisition, development, ownership or use of real
estate, actions of vendors, rising costs associated with employees
(including health care costs), energy, and certain commodities,
geopolitical conditions and other risks identified from time to time
in the Company's public statements and reports filed with the
Securities and Exchange Commission. 
CONTACTS: 
Costco Wholesale Corporation 
Richard Galanti
425/313-8203 
Bob Nelson
425/313-8255 
Jeff Elliott
425/313-8264