Costco Wholesale (COST) Q4, FY15 Sales Lighter than Expected

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Costco Wholesale Corporation Reports August, Fourth Quarter and Fiscal Year 2015 Sales Results

September 2, 2015 9:00 PM EDT

ISSAQUAH, WA -- (Marketwired) -- 09/02/15 -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported net sales of $8.7 billion for the month of August, the four weeks ended August 30, 2015, a decrease of one percent from $8.8 billion during the similar period last year.

For the 16-week fourth quarter, the Company reported net sales of $35.0 billion, an increase of one percent from $34.8 billion in the fourth quarter last year, which ended August 31, 2014.

For the 52-week fiscal year ended August 30, 2015, the Company reported net sales of $113.7 billion, an increase of three percent from the... More