Costco Wholesale Corporation reported net sales of $4.02 billion for the four weeks ended July 31, 2005, an increase of 8% from $3.71 billion in the same four-week period of the prior fiscal year. This year's four-week period included 27 days of sales compared to 28 days for the comparable four-week period last year, reflecting the timing of the Fourth of July holiday. This calendar shift negatively impacted reported net sales and comparable sales by approximately 3-4%.
For the first 48 weeks of its 2005 fiscal year ended July 31, 2005, the company reported net sales of $47.78 billion, an increase of 10% from $43.51 billion during the similar 48-week period of the prior fiscal year.
Comparable sales for the 4-week and 48-week periods ended July 31, 2005, were as follows:
4 Weeks 48 Weeks ----------------------- ------------------------- US 4% 6% International 12% 11% Total Company 5% 7% ======================= =========================