Costco (COST) Reports In-Line Q4 EPS, Comps Increase 9.5%; Expects to Report Material Weakness in Internal Control
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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2018 Operating Results
October 4, 2018 4:15 PM EDTISSAQUAH, Wash., Oct. 04, 2018 (GLOBE NEWSWIRE) -- 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 September 2, 2018.
Net sales for the 16-week fourth quarter were $43.4 billion, an increase of 5.0 percent from $41.4 billion in the 17-week fourth quarter last year. Net sales for the 52-week fiscal year were $138.4 billion, an increase of 9.7 percent from $126.2 billion in the 53-week fiscal year of 2017.
Comparable sales for the 16-week fourth quarter, and the 52-week fiscal year were as follows:
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