Costco Wholesale Corporation Reports August, Fourth Quarter and Fiscal Year 2013 Sales Results

Costco Wholesale Corporation Reports August, Fourth Quarter and Fiscal Year 
2013 Sales Results 
ISSAQUAH, WA -- (Marketwired) -- 09/05/13 --  Costco Wholesale
Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported
net sales of $7.95 billion for the month of August, the four weeks
ended September 1, 2013, an increase of seven percent from $7.44
billion during the similar period last year.  
For the 16-week fourth quarter, the Company reported net sales of
$31.8 billion, an increase of one percent compared to net sales of
$31.5 billion in the 17-week fourth quarter of fiscal year 2012,
ended September 2, 2012. 
For the 52-week fiscal year ended September 1, 2013, the Company
reported net sales of $102.9 billion, an increase of six percent from
the $97.1 billion reported in the 53-week fiscal year 2012, ended
September 2, 2012. 
Comparable sales were as follows: 


 
                                                                            
                                                4 Weeks   16 Weeks  52 Weeks
                                               --------- --------- ---------
                                                                            
U.S.                                               4%        5%        6%   
International                                      2%        4%        6%   
                                                                            
Total Company                                      4%        5%        6%   
                                               ========= ========= =========

 
For the four-week period, changes in gasoline prices and foreign
exchange rates had a negative impact on comparable sales. For the
16-week and 52-week periods, changes in foreign exchange rates had a
negative impact. Excluding these effects, comparable sales were as
follows: 


 
                                                                            
                                                4 Weeks   16 Weeks  52 Weeks
                                               --------- --------- ---------
U.S.                                                                        
                                                   5%        5%        6%   
International                                      8%        7%        6%   
                                                                            
Total Company                                      6%        5%        6%   
                                               ========= ========= =========

 
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 73980891). This message will be
available today through 5:00 p.m. (PT) on September 6, 2013. 
The Company plans to release its operating results for the fourth
quarter (16 weeks) and fiscal year ended September 1, 2013, on
October 9, 2013. A conference call to discuss these results is
scheduled for 7:00 a.m. (PT) that day and will available via webcast
on www.costco.com (click on Investor Relations and "webcasts"). 
Costco currently operates 634 warehouses, including 451 in the United
States and Puerto Rico, 85 in Canada, 33 in Mexico, 25 in the United
Kingdom, 18 in Japan, 10 in Taiwan, nine in Korea and three in
Australia. Costco also operates electronic commerce web sites, at
www.costco.com (U.S.), www.costco.ca (Canada), and www.costco.co.uk
(United Kingdom). The Company plans to open up to 15 new warehouses
before the end of calendar year 2013. 
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, amounts expected to be spent on expansion plans, 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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