Washington based Costco Wholesale Corporation reported net sales of $6.37 billion for the five weeks ended January 1, 2006, an increase of 10 percent from $5.77 billion in the same five-week period of the prior fiscal year.
For the first eighteen weeks of its fiscal year ended January 1, 2006, the Company reported net sales of $20.22 billion, an increase of 11 percent from $18.17 billion during the similar 18-week period of the prior fiscal year.
Costco currently operates 471 warehouses, including 346 in the United States and Puerto Rico, 66 in Canada, 17 in the United Kingdom, five in Korea, four in Taiwan, five in Japan and 28 in Mexico.
The Company also operates Costco Online, an electronic commerce web site.
The Company plans to open an additional 20 to 22 new warehouses, including the relocation of two warehouses to larger and better-located facilities, prior to the end of its 53-week 2006 fiscal year ending on September 3, 2006.
Costco Wholesale Corporation