Costco Wholesale (COST) March Comps Rose 4%

April 9, 2015 6:11 AM EDT

Costco Wholesale (NASDAQ: COST) reported net sales of $10.40 billion for the month of March, the five weeks ended April 5, 2015, which compares to $10.43 billion during the similar period last year. This year's total reflects one less sales day than last year, due to the timing of Easter. This calendar shift negatively impacted this year's net and comparable sales by an estimated one to one and one-half percent.

For the thirty-one weeks ended April 5, 2015, the Company reported net sales of $67.58 billion, an increase of five percent from $64.65 billion during the similar period last year.

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

                                     5 Weeks    31 Weeks
--------- ---------
U.S.
0% 4%
International -9% -2%

Total Company -2% 2%
========= =========

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

                                     5 Weeks    31 Weeks
--------- ---------
U.S.
4% 7%
International 4% 7%

Total Company 4% 7%
========= =========

Additional discussion of these results is available in a pre-recorded telephone message. The recording can be accessed by dialing 1-855-859-2056 (conference ID 94085027). This message will be available today through 5:00 p.m. (PT) April 10, 2015.

The Company plans to release its operating results for the third quarter of fiscal 2015, ending May 10, 2015, after the close of business on May 27, 2015. A conference call to discuss these results is scheduled for 8:00 a.m. (PT) on May 28, 2015, and will be available via webcast on www.costco.com (click on Investor Relations and "webcasts").



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