Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/909832/000090983218000013/cost10k9218.htm
November 2023
October 2023
September 2023
August 2023
August 2023
May 2023
April 2023
March 2023
January 2023
January 2023
Exhibit 99.1
Press Release |
![]() |
COSTCO WHOLESALE CORPORATION REPORTS FOURTH QUARTER AND
FISCAL YEAR 2018 OPERATING RESULTS
ISSAQUAH, Wash., October 4, 2018Costco 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:
16 Weeks | 52 Weeks | |||||||
U.S. |
10.8 | % | 9.4 | % | ||||
Canada |
5.7 | % | 8.9 | % | ||||
Other International |
6.7 | % | 10.8 | % | ||||
Total Company |
9.5 | % | 9.5 | % | ||||
|
|
|
|
|||||
E-commerce |
26.2 | % | 32.2 | % | ||||
|
|
|
|
Comparable sales for these periods excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
16 Weeks | 52 Weeks | |||||||
U.S. |
7.8 | % | 7.4 | % | ||||
Canada |
4.6 | % | 4.1 | % | ||||
Other International |
6.9 | % | 7.1 | % | ||||
Total Company |
7.2 | % | 6.8 | % | ||||
|
|
|
|
|||||
E-commerce |
26.3 | % | 31.3 | % | ||||
|
|
|
|
Net income for the 16-week fourth quarter was $1,043 million, or $2.36 per diluted share, compared to $919 million, or $2.08 per diluted share, in the 17-week fourth quarter last year.
Net income for the 52-week fiscal year was $3.13 billion, or $7.09 per diluted share, compared to $2.68 billion, or $6.08 per diluted share, in the 53-week prior year. Net income this year was positively impacted by a $41 million ($0.09 per diluted share) tax benefit in the first quarter, related to a change in accounting rules for stock-based compensation. Last years net income was positively impacted by an $82 million ($0.19 per diluted share) tax benefit in connection with the third-quarter special cash dividend and other net benefits of approximately $51 million ($0.07 per diluted share after tax) for nonrecurring legal and other matters.
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/909832/000090983218000013/cost10k9218.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Costco Wholesale Corp New.
Costco Wholesale Corp New's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Costco Wholesale Corp New provided additional information to their SEC Filing as exhibits
Ticker: COST
CIK: 909832
Form Type: 10-K Annual Report
Accession Number: 0000909832-18-000013
Submitted to the SEC: Fri Oct 26 2018 9:21:46 AM EST
Accepted by the SEC: Fri Oct 26 2018
Period: Sunday, September 2, 2018
Industry: Retail Variety Stores