Costco Wholesale Corporation Reports January Sales Results

Costco Wholesale Corporation Reports January Sales Results 
ISSAQUAH, WA -- (Marketwire) -- 02/07/13 --  Costco Wholesale
Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported
net sales of $9.35 billion for the month of January, the five weeks
ended February 3, 2013, an increase of seven percent from $8.74
billion during the similar period last year. This year's period
contained one less day compared to last year, due to the timing of
the New Year's holiday, which negatively impacted total and
comparable sales by approximately 2%. 
For the first twenty-two weeks of its fiscal year ended February 3,
2013, the Company reported net sales of $43.77 billion, an increase
of nine percent from $40.18 billion during the similar period last
year. 
Comparable sales for the five-week and 22-week periods ended February
3, 2013, were as follows: 


 
                                                                  
                                            5 Weeks     22 Weeks  
                                         ------------ ------------
                                                                  
          U.S.                                3%           6%     
          International                       5%           7%     
                                                                  
          Total Company                       4%           6%     
                                         ============ ============

 
Changes in gasoline prices had a slightly negative impact for the
five-week period and a slightly positive impact for the 22-week
period. Stronger foreign currencies had a positive impact for both
periods. Excluding these effects, comparable sales were as follows: 


 
                                                                  
                                            5 Weeks     22 Weeks  
                                         ------------ ------------
                                                                  
          U.S.                                4%           6%     
          International                       3%           5%     
                                                          
        
          Total Company                       4%           5%     
                                         ============ ============

 
Additional discussion of these results is available in a pre-recorded
telephone message. The recording can be accessed by dialing
1-855-859-2056 (conference ID 73977640). This message will be
available today through 5:00 p.m. (PT) on Friday, February 8, 2013. 
On March 12, 2013, the Company plans to report its operating results
for the second quarter and first half of fiscal year 2013, ending
February 17, 2013. A conference call to discuss these results is
scheduled for 8:00 a.m. (PT) that day and will be available via
web-cast on www.costco.com (click on Investor Relations and "Play
webcast"). Also, the Company plans to announce its sales results for
the four-week month of February on March 7, 2013. 
Costco currently operates 622 warehouses, including 448 in the United
States and Puerto Rico, 85 in Canada, 32 in Mexico, 23 in the United
Kingdom, 13 in Japan, nine in Taiwan, nine in Korea and three in
Australia. The Company plans to open up to an additional fourteen new
warehouses prior to the end of its fiscal year on September 1, 2013.
Costco 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 
 
 
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