Costco Wholesale (COST) Tops Q4 EPS by 4c; Comps Rose 3%

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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2016 Operating Results

September 29, 2016 4:15 PM EDT

ISSAQUAH, WA -- (Marketwired) -- 09/29/16 -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended August 28, 2016.

Net sales for the fourth quarter were $35.73 billion, an increase of two percent from $34.99 billion in fiscal 2015. Net sales for the fiscal year were $116.07 billion, an increase of two percent from $113.67 billion last year.

Comparable sales were as follows:

16 Weeks 52 Weeks ---------- ---------- U.S. -1% 1% Canada 2% -3% Other International -2% -3% Total Company 0% 0% ========== ==========

Comparable... More