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Sales soar at Costco in January

08
Feb '07
Costco Wholesale Corporation (Costco) reported net sales of $5.57 billion for the month of January, the five weeks ended February 4, 2007, an increase of 7 percent from $5.21 billion in the same five-week period last year.

For the first twenty-three weeks of its reporting period ended February 4, 2007, the Company reported net sales of $27.80 billion, an increase of 9 percent from $25.43 billion during the similar twenty-three-week period of the prior year.

This year's five-week period included one less day than last year, reflecting the timing of the New Year's holiday. This shift negatively impacted this year's comparable sales by approximately 3 percent.

Additional discussion of these sales results is available on a pre-recorded telephone message. You can access the recording by dialing 1-800-642-1687 (conference ID 5556940). This recorded message will be available today through 5:00 p.m. (PT) on Friday, February 9, 2007.

Costco currently operates 504 warehouses, including 371 in the United States and Puerto Rico, 70 in Canada, 19 in the United Kingdom, five in Korea, four in Taiwan, five in Japan and 30 in Mexico.

Costco Wholesale Corporation, USA


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