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COSTCO WHOLESALE REPORTS SALES

 KIRKLAND, Wash., Dec. 22 /PRNewswire/ -- Costco Wholesale Corp. (NASDAQ: COST) today reported sales of $746 million for the four weeks ended Dec. 20, 1992, an increase of 13 percent from $659 million in the comparable four-week period of the prior fiscal year. On a comparable warehouse basis, that is warehouses open at least a year, sales increased 1 percent.
 During the first 16 weeks of fiscal 1993, ended Dec. 20, 1992, sales were $2.417 billion, an increase of 17 percent from the year-earlier 16-week period. Comparable sales during this 16-week period increased at a 3-percent annual rate.
 The company ended its 1992 fiscal year on Aug. 30, 1992, with 89 warehouses in operation. Since that time 11 new warehouses have been opened, bringing to 100 the number of warehouses now in operation. Warehouse openings since fiscal year-end include Hawaii Kai, Hawaii; two in Edmonton, Alberta, Canada (including one replacement unit); Spokane, Wash.; Anchorage, Alaska; Tustin, San Diego and Mountain View, Calif.; Worcester, Mass.; Portsmouth, N.H.; and North Miami Beach and Miami Lakes, Fla. Expansion plans for the second half of fiscal 1993 include the anticipated opening of eight to 10 additional warehouse locations.
 -0- 12/22/92
 /CONTACT: Richard Galanti of Costco Wholesale, 206-828-8100, ext. 203/
 (COST)


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

SW-LM -- SE003 -- 9034 12/22/92 07:34 EST
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Publication:PR Newswire
Date:Dec 22, 1992
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