Costco Wholesale Corporation Announces Quarterly Cash Dividend

Mon Jul 23, 2012 5:20pm EDT

* Reuters is not responsible for the content in this press release.

  ISSAQUAH, WA, Jul 23 (Marketwire) -- 
Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST)
today announced that its Board of Directors declared a quarterly cash
dividend on Costco common stock of $.275 per share. The quarterly
dividend is payable August 24, 2012, to shareholders of record at the
close of business on August 10, 2012.

    Costco currently operates 605 warehouses, including 438 in the United
States and Puerto Rico, 82 in Canada, 32 in Mexico, 22 in the United
Kingdom, 13 in Japan, eight in Taiwan, seven in Korea and three in
Australia. The Company also operates Costco Online, an electronic
commerce web site, at www.costco.com and at www.costco.ca in Canada. The
Company plans to open up to an additional three new warehouses prior to
the end of its fiscal year on September 2, 2012.

    Certain statements contained in this document constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. For these purposes, forward-looking statements are
statements that address activities, events, conditions or developments
that the Company expects or anticipates may occur in the future. Such
forward-looking statements involve risks and uncertainties that may cause
actual events, results or performance to differ materially from those
indicated by such statements. These risks and uncertainties include, but
are not limited to, domestic and international economic conditions,
including exchange rates, the effects of competition and regulation,
uncertainties in the financial markets, consumer and small business
spending patterns and debt levels, conditions affecting the acquisition,
development, ownership or use of real estate, actions of vendors, rising
costs associated with employees (including health care costs), energy,
and certain commodities, geopolitical conditions and other risks
identified from time to time in the Company's public statements and
reports filed with the Securities and Exchange Commission. 

    

CONTACTS:
Costco Wholesale Corporation
Richard Galanti
425/313-8203

Bob Nelson
425/313-8255

Jeff Elliott
425/313-8264 

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