Costco June sales number# Stock
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ISSAQUAH, Wash., July 05, 2017 (GLOBE NEWSWIRE) -- Costco Wholesale
Corporation (“Costco” or the “Company”) (COST) today reported net sales
of $12.17 billion for the month of June, the five weeks ended July 2, 2017,
an increase of seven percent from $11.33 billion during the similar period
last year.
For the forty-four weeks ended July 2, 2017, the Company reported net sales
of $104.28 billion, an increase of six percent from $98.51 billion during
the similar period last year.
Comparable sales were as follows:
5 Weeks 44 Weeks
U.S. 6.5%. 3.9%
Canada 3.2 % 4.0 %
Other International 6.2 % 1.3 %
Total Company 6.0 % 3.6 %
Comparable sales for these periods excluding the impacts from changes in
gasoline prices and foreign exchange were as follows:
5 Weeks 44 Weeks
U.S. 6.3%. 3.2%
Canada 6.8 % 3.8 %
Other International 7.1 % 4.2 %
Total Company 6.5 % 3.4 %
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 92705290). This message will be available today through 5:00 p
.m. (PT) on Wednesday, July 12, 2017.
Costco currently operates 734 warehouses, including 511 in the United States
and Puerto Rico, 95 in Canada, 37 in Mexico, 28 in the United Kingdom, 25
in Japan, 13 in Korea, 13 in Taiwan, eight in Australia, two in Spain, one
in Iceland and one in France. Costco also operates electronic commerce web
sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.
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, breaches of security or privacy
of member or business information, conditions affecting the acquisition,
development, ownership or use of real estate, capital spending, actions of
vendors, rising costs associated with employees (generally 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. Forward-
looking statements speak only as of the date they are made, and we do not
undertake to update these statements, except as required by law.
Corporation (“Costco” or the “Company”) (COST) today reported net sales
of $12.17 billion for the month of June, the five weeks ended July 2, 2017,
an increase of seven percent from $11.33 billion during the similar period
last year.
For the forty-four weeks ended July 2, 2017, the Company reported net sales
of $104.28 billion, an increase of six percent from $98.51 billion during
the similar period last year.
Comparable sales were as follows:
5 Weeks 44 Weeks
U.S. 6.5%. 3.9%
Canada 3.2 % 4.0 %
Other International 6.2 % 1.3 %
Total Company 6.0 % 3.6 %
Comparable sales for these periods excluding the impacts from changes in
gasoline prices and foreign exchange were as follows:
5 Weeks 44 Weeks
U.S. 6.3%. 3.2%
Canada 6.8 % 3.8 %
Other International 7.1 % 4.2 %
Total Company 6.5 % 3.4 %
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 92705290). This message will be available today through 5:00 p
.m. (PT) on Wednesday, July 12, 2017.
Costco currently operates 734 warehouses, including 511 in the United States
and Puerto Rico, 95 in Canada, 37 in Mexico, 28 in the United Kingdom, 25
in Japan, 13 in Korea, 13 in Taiwan, eight in Australia, two in Spain, one
in Iceland and one in France. Costco also operates electronic commerce web
sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.
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, breaches of security or privacy
of member or business information, conditions affecting the acquisition,
development, ownership or use of real estate, capital spending, actions of
vendors, rising costs associated with employees (generally 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. Forward-
looking statements speak only as of the date they are made, and we do not
undertake to update these statements, except as required by law.
