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COSTCO WHOLESALE CORPORATION REPORTS MARCH SALES RESULTS

ISSAQUAH, Wash., April 08, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.49 billion for the retail month of March, the five weeks ended April 5, 2020, an increase of 11.7 percent from $13.87 billion last year.
For the thirty-one weeks ended April 5, 2020, the Company reported net sales of $96.25 billion, an increase of 9.0 percent from $88.29 billion during the similar period last year.Comparable sales were as follows:Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 1985632). This message will be available through 5:00 p.m. (PT) on Wednesday, April 15, 2020.Costco currently operates 787 warehouses, including 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 12 in Australia, two in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

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