July 8, 2015 at 9:00 PM EDT
ISSAQUAH, WA -- (Marketwired) -- 07/08/15 -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported net sales of $11.01 billion for the month of June, the five weeks ended July 5, 2015, an increase of one percent from $10.88 billion during the similar period last year. Both years' five-week periods included 34 selling days in the U.S. and Canada, reflecting the observance of Independence and Canada Days. For the forty-four weeks ended July 5, 2015, the Company reported net sales of $96.32 billion, an increase of four percent from $92.88 billion during the similar period last year.
Comparable sales for the five and forty-four week periods were as follows:
Total Company -1% 2%
Comparable sales for these periods, excluding the negative impacts from gasoline price deflation and foreign exchange, were as follows:
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 94092773). This message will be available today through 5:00 p.m. (PT) on Friday, July 10, 2015.
Costco currently operates 679 warehouses, including 479 in the United States and Puerto Rico, 89 in Canada, 36 in Mexico, 26 in the United Kingdom, 20 in Japan, 11 in Korea, 10 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional 8 new warehouses prior to the end of its fiscal year on August 30, 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.