ISSAQUAH, Wash., October 6, 2021 (GLOBE NEWSWIRE) – Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $ 19.50 billion for September, the month of September 5th weeks through October 3, 2021, up 15.8 percent from $ 16.84 billion last year.
Comparable sales were as follows:
Comparable sales excluding the effects of changes in gasoline prices and exchange rates were as follows:
Additional discussion of these results is available in a pre-recorded telephone message. She can be reached at 1-855-859-2056 (conference ID 1340906). This news will be available until 5:00 p.m. PT on Wednesday, October 13, 2021.
Costco currently operates 817 warehouses, including 565 in the US and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the UK, 16 in Korea, 14 in Taiwan, 13 in Australia, three in Spain, and one each in Iceland, France and China. Costco also operates e-commerce sites in the US, Canada, UK, Mexico, Korea, Taiwan, Japan, and Australia.
Certain statements in this document and the recorded telephone message constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions, or developments that the company expects or expects to be occur in the future. In some cases, forward-looking statements can be identified because they contain words such as “expect”, “believe”, “further”, “may”, “estimate”, “expect”, “intend”, “likely”, “could” ” , “Could”, “plan”, “potentially”, “predict”, “project”, “aim”, “should”, “aim”, “will”, “would” or similar expressions and the negatives of these terms. Such forward-looking statements involve risks and uncertainties that could cause actual events, results or performance to differ materially from those expressed in these statements. These risks and uncertainties include but are not limited to national and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer behavior and the level of indebtedness of consumers and small businesses, violations of the security or data protection of members – or business information, conditions affecting the acquisition, development, ownership or use of real estate, investments, actions of sellers, rising costs related to employees (generally including healthcare costs), energy and certain raw materials, geopolitical conditions (including Tariffs), the ability to maintain effective internal control over financial reporting, COVID-19-related factors and challenges including (among other things) the duration of the pandemic, the unknown long-term host economic effects, reduced purchases due to illnesses, travel restrictions or financial bottlenecks, shifts in demand for products, staff reductions due to content, quarantine or official orders, temporary shop closures or operational restrictions due to official orders or interruptions in the supply chain, capacity bottlenecks from third-party logistics providers and other risks identified from time to time in the company’s public statements and reports with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made and the company undertakes no obligation to update these statements unless required by law.
CONTACTS: Costco Wholesale Corporation Richard Galanti, 425 / 313-8203 Bob Nelson, 425 / 313-8255 David Sherwood, 425 / 313-8239 Josh Dahmen, 425 / 313-8254
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