Costco Wholesale (COST) December Comps Up 1%, or 5% Ex-Gas

Costco Wholesale Corporation (NASDAQ: COST) today reported net sales of $12.45 billion for the month of December, the five weeks ended January 3, 2016, an increase of three percent from $12.13 billion during the similar period last year.

For the eighteen weeks ended January 3, 2016, the Company reported net sales of $41.66 billion, an increase of two percent from $40.86 billion during the similar period last year.

Comparable sales were as follows:

                                        5 Weeks   18 Weeks

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



                 U.S.                     3%         3%

                 Canada                  -9%        -9%

                 Other International     -3%        -4%



                 Total Company            1%         0%

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

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

                                        5 Weeks   18 Weeks

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



                 U.S.                     4%         6%

                 Canada                   9%         9%

                 Other International      5%         6%



                 Total Company            5%         6%

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

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