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COSTCO WHOLESALE REPORTS SALES

 KIRKLAND, Wash., May 11 /PRNewswire/ -- Costco Wholesale Corp. (NASDAQ-NMS: COST) today reported sales of $581 million for the four weeks ended May 9, 1993, an increase of 15 percent from $505 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 4 percent.
 For the third quarter, the 12 weeks ended May 9, 1993, total sales were $1.672 billion, an increase of 13 percent from $1.474 billion in the third quarter of the prior fiscal year; and comparable sales increased 2 percent over the prior year's third quarter.
 During the first three quarters of fiscal 1993, the 36 weeks ended May 9, 1993, sales were $5.139 billion, an increase of 16 percent from the year-earlier 36-week period of $4.418 billion. Comparable sales during this 36-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 13 new warehouses have been opened, including two in the third quarter, bringing to 102 the number of warehouses now in operation in 15 states and western Canada. Expansion plans for the remainder of fiscal 1993 include the anticipated openings of seven to eight additional warehouse locations.
 -0- 5/11/93
 /CONTACT: Richard Galanti of Costco Wholesale, 206-828-8100, ext. 203/
 (COST)


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

LM -- SE001 -- 6811 05/11/93 07:36 EDT
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Publication:PR Newswire
Date:May 11, 1993
Words:250
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