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COSTCO WHOLESALE REPORTS SALES

 KIRKLAND, Wash., Jan. 20 /PRNewswire/ -- Costco Wholesale Corp. (NASDAQ: COST) today reported sales of $536 million for the four weeks ended Jan. 17, 1993, an increase of 23 percent from $435 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 9 percent. Sales results during this year's four-week period reflect the two additional pre-Christmas selling days during the week of Christmas. For the first eight weeks of the second quarter, also ended Jan. 17, 1993, total sales increased 17 percent and comparable sales increased 4 percent over the prior fiscal year.
 During the first 20 weeks of fiscal 1993, ended Jan. 17, 1993, sales were $2.953 billion, an increase of 18 percent from the year-earlier 20-week period. Comparable sales during this 20-week period increased at a 4-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 in 15 states and western Canada. Expansion plans for the second half of fiscal 1993 include the anticipated opening of eight to 10 additional warehouse locations.
 -0- 1/20/93
 /CONTACT: Richard Galanti of Costco Wholesale, 206-828-8100, ext. 203/
 (COST)


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

LM -- SE002 -- 6686 01/20/93 07:32 EST
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Publication:PR Newswire
Date:Jan 20, 1993
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