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COSTCO WHOLESALE REPORTS SALES

 KIRKLAND, Wash., Nov. 24 ~PRNewswire~ -- Costco Wholesale Corp. (NASDAQ-NMS: COST) today reported sales of $1.671 billion for the first quarter of fiscal 1993, the 12 weeks ended Nov. 22, 1992, an increase of 19 percent from $1.402 billion in the first quarter of fiscal 1992. On a comparable warehouse basis, that is warehouses open at least a year, sales increased 4 percent.
 Sales for the four-week period ended Nov. 22 were $602 million, an increase of 14 percent from $527 million in the same four-week period of the prior fiscal year. On a comparable warehouse basis, sales increased 1 percent during this latest four-week period.
 The company ended its 1992 fiscal year with 89 warehouses in operation. Since that time, the company has opened seven warehouses -- in Hawaii Kai, Hawaii; two in Edmonton, Alberta (including one replacement unit for the original Edmonton warehouse opened in 1985); Spokane, Wash.; Anchorage, Alaska; and Tustin and San Diego, Calif. Costco plans to open five additional warehouses prior to the end of the calendar year.
 -0- 11~24~92
 ~CONTACT: Richard Galanti of Costco Wholesale, 206-828-8100, ext. 203~
 (COST)


CO: Costco Wholesale Corp. ST: Washington IN: REA SU:

LM-SW -- SE003 -- 0850 11~24~92 07:37 EST
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Publication:PR Newswire
Date:Nov 24, 1992
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