Costco Wholesale (COST) adj.-Comps Rose 4% in November

Costco Wholesale (NASDAQ: COST) reported net sales of $9.68 billion for the month of November, the four weeks ended November 29, 2015, an increase of three percent from $9.43 billion during the similar period last year.

For the twelve-week first quarter ended November 22, 2015, the Company reported net sales of $26.63 billion, an increase of one percent compared to $26.28 billion during the similar period last year.

For the thirteen weeks ended November 29, 2015, the Company reported net sales of $29.20 billion, an increase of two percent from $28.73 billion during the similar period last year.

Comparable sales were as follows:

                                   4 Weeks   12 Weeks  13 Weeks

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



               U.S.                   3%        2%        3%

               Canada                -10%      -9%       -9%

               International         -3%       -5%       -5%



               Total Company          0%       -1%        0%

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

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

                                   4 Weeks   12 Weeks  13 Weeks

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



               U.S.                   6%        6%        6%

               Canada                 8%        9%        9%

               International          7%        7%        7%



               Total Company          6%        6%        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 94082545). This message will be available today through 5:00 p.m. (PT) on Friday, December 4, 2015.

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