Costco: Fourth Quarter and 2011 Fiscal Year Earning Report


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Tue. November 22nd, 2011

Costco Wholesale Corporation has announced their operating results for the fourth quarter and the 2011 fiscal year which ended August 28, 2011. The company also revealed their September sales results. Net sales for the fiscal 2011 fourth quarter were $27.59 billion with the period including sales from the company's Mexico joint venture, an increase of 17 percent from last year. Including the joint venture, Costco's net sales for the 52-week fiscal year 2011 were $87.05 billion, an increase of 14 percent from last year's numbers. For the five-week reporting month of September, the company reported net sales of $8.61 billion, an increase of 15 percent from the same period last year, also including Mexico's profits.<hr class="legacyRuler"><hr class="invisible minimal-padding">www.costco.com<hr class="legacyRuler"><hr class="invisible minimal-padding">