Costco-2019年7月Costco销售业绩（英文）-2019.8.7-2页_1mb

Costco Wholesale Corporation July Sales Summary

Core Content

Costco Wholesale Corporation released its July sales results for the retail month ending August 4, 2019. The report highlights both the four-week and forty-eight-week sales figures, comparing them to the same periods in the previous year. The company also provides details on comparable sales and the impact of external factors on its performance.

Key Financial Performance

• Net Sales for July (4 Weeks Ended August 4, 2019):
  $11.43 billion, representing a 7.9% increase from $10.59 billion in the same period in 2018.

• Net Sales for 48 Weeks (Year-to-Date):
  $137.56 billion, showing an 8.0% increase from $127.40 billion in the prior year.

Comparable Sales Growth

Adjusted Comparable Sales (Excluding External Factors)

The adjusted comparable sales figures exclude the effects of gasoline price changes, foreign exchange fluctuations, and accounting changes related to ASC 606 revenue recognition.

E-commerce Growth

E-commerce sales showed strong growth, with 21.3% increase in the four-week period and 23.1% in the forty-eight-week period. Adjusted figures for e-commerce also demonstrated growth, at 23.8% and 23.2% respectively, indicating continued expansion in online sales.

Operational Overview

Costco operates a global network of 778 warehouses, with the following distribution:

• United States and Puerto Rico: 540 warehouses
• Canada: 100 warehouses
• Mexico: 39 warehouses
• United Kingdom: 29 warehouses
• Japan: 26 warehouses
• Korea: 16 warehouses
• Taiwan: 13 warehouses
• Australia: 11 warehouses
• Spain: 2 warehouses
• Iceland and France: 1 warehouse each

The company also maintains e-commerce platforms in the U.S., Canada, the U.K., Mexico, Korea, and Taiwan.

Forward-Looking Statements

The document contains forward-looking statements that reflect the company's expectations for future performance. These statements are subject to various risks and uncertainties, including:

• Domestic and international economic conditions
• Exchange rate fluctuations
• Competition and regulatory changes
• Consumer and small business spending patterns
• Debt levels
• Security and privacy breaches
• Real estate conditions
• Capital spending
• Vendor actions
• Rising labor and health care costs
• Energy and commodity prices
• Geopolitical conditions (e.g., tariffs)
• Ability to address internal control weaknesses

The company emphasizes that these statements are only valid as of the date of the report and does not commit to updating them unless required by law.

Additional Information

For further details, investors can access a pre-recorded telephone message by calling 1-855-859-2056 with conference ID 7999322. This message will be available until 5:00 p.m. (PT) on August 14, 2019.