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COSTCO REPORTS MONTHLY SALES

COSTCO REPORTS MONTHLY SALES
 KIRKLAND, Wash., Oct. 1 /PRNewswire/ -- Costco Wholesale Corp. (NASDAQ: COST) today reported sales of $528 million for the four weeks ended Sept. 27, 1992, an increase of 24 percent from $425 million in the same four-week period of the prior fiscal year. On a comparable warehouse basis, that is warehouses open at least a year, sales increased 8 percent.
 Costco ended its 1992 fiscal year on Aug. 30, 1992, with sales of $6.5 billion, an increase of 24 percent over FY 1991 sales of $5.2 billion. Comparable warehouse sales for FY 1992 increased 11 percent over the prior year.
 The company ended its 1992 fiscal year with 89 warehouses in operation, compared to 71 at the beginning of the fiscal year. The company has opened three warehouses so far in FY 1993 -- in Hawaii Kai, Hawaii; Edmonton, Alberta, (a replacement unit for the original Edmonton warehouse opened in 1985); and in Tustin, Calif. Costco plans to open eight to nine additional warehouses prior to the December holiday season.
 This reporting of sales marks the first time Costco has reported sales on a fiscal-period basis; in the future, sales data will be made available only at the end of each four-week fiscal period. The company reports on a 52/53 week fiscal year, consisting of 13 four-week periods and ending on the Sunday nearest the end of August.
 -0- 10/01/92
 CONTACT: Richard Galanti of Costco, 206-828-8100, ext. 203
 (COST) CO: COSTCO WHOLESALE CORP. IN: REA ST: WA -- SE003 -- X852 10/01/92
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 1, 1992
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