Costco Wholesale (COST) Comps Up 5% in December

Costco Wholesale Corp (Nasdaq: COST) reported net sales of $11.53 billion for the month of December, the five weeks ended January 5, 2014, an increase of six percent from $10.87 billion during the similar five-week period last year.

For the eighteen weeks ended January 5, 2014, the Company reported net sales of $38.33 billion, an increase of six percent from $36.26 billion during the similar period last year.

Comparable sales for the five and eighteen-week periods were as follows:

                                         5 Weeks  18 Weeks

                                        --------      --------

                   U.S.                    5%       4%

                   International           1%       1%



                   Total Company           3%       3%

                                        ======== ========

Comparable sales for these periods, excluding negative impacts from gasoline price deflation and foreign exchange, were as follows:

                                      5 Weeks   18 Weeks

                                        --------    --------

                   U.S.                    5%       4%

                   International           7%       7%



                   Total Company           5%       5%

                                        ======== ========

Additional discussion of these sales results is available in a pre-recorded telephone message. You can access the recording by dialing 1-855-859-2056 (conference ID 96613291). This message will be available today through 5:00 p.m. (PT) on Friday, January 10, 2014.

Costco currently operates 648 warehouses, including 461 in the United States and Puerto Rico, 87 in Canada, 33 in Mexico, 25 in the United Kingdom, 18 in Japan, 10 in Taiwan, nine in Korea and five in Australia. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.

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