Costco Wholesale Corporation ("Costco" or the"Company") (NASDAQ: COST) announced today its operating results for thethird quarter (twelve Fake Bedat & CO weeks) and first thirty-six weeks of fiscal 2010.Net sales for the third quarter of fiscal 2010 increased twelve percent, to$17.39 billion, from $15.48 billion during the third quarter of fiscal2009. Net sales for the first thirty-six weeks of fiscal 2010 increasedten percent, to $52.66 billion, from $48.00 billion during the firstthirty-six weeks of fiscal 2009.

Comparable sales for the third quarter (12 weeks) and the first thirty-sixweeks of fiscal 2010 were as follows:

                     12 Weeks   36 Weeks                     ---------  ---------U.S.                     6%         4%International           26%        21%Total                   10%         7%                     =========  =========

Comparable sales for the 12-week and 36-week periods, excluding thepositive impacts from gasoline inflation and the strengthening of foreigncurrencies (primarily in Canada, the United Kingdom and Korea), were asfollows:

                     12 Weeks   36 Weeks                     ---------  ---------U.S.                     3%         2%International            8%         9%Total                    4%         3%                     =========  =========

Net income for the third quarter of fiscal 2010 was $306 million, or $.68per diluted share, compared to $210 million, or $.48 per diluted share,during the third quarter of fiscal 2009. Net income for the firstthirty-six weeks of fiscal 2010 was $871 million, or $1.95 per dilutedshare, compared to net income for the first thirty-six weeks of fiscal 2009of $712 million or $1.62 per diluted share.

Third quarter results this year were positively affected by a partialreversal in the amount of $14 million (pre-tax) of a charge related to aCanadian tax liability, previously taken in the second quarter of fiscal2007. Third quarter results last year were negatively impacted by a pretaxcharge of $34 million (pre-tax and mostly non-cash) related to a litigationsettlement concerning our membership renewal policy.

Costco currently operates 568 warehouses, including 414 in the UnitedStates and Puerto Rico, 78 in Canada, 21 in the United Kingdom, seven inKorea, six in Taiwan, nine in Japan, one in Australia and 32 in Mexico.The Company also operates Costco Online, an electronic commerce web site,at and at in Canada. The Company plans toopen up to five new warehouses prior to the end of its 2010 fiscal year onAugust 29, 2010.

A conference call to discuss these third quarter operating results isscheduled for 8:00 a.m. (PT) today, May 27, 2010, and is available via awebcast on (click on Investor Relations and "Play Webcast").

Certain statements contained in this document constitute forward-lookingstatements within the meaning of the Private Securities Litigation ReformAct of 1995. For these purposes, forward-looking statements are statementsthat address activities, events, conditions or developments that theCompany expects or anticipates may occur in the future. Suchforward-looking statements involve risks and uncertainties that may causeactual events, results or performance to differ materially from thoseindicated by such statements. These risks and uncertainties include, butare 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 businessspending patterns and debt levels, conditions affecting the acquisition,development, ownership or use of real estate, actions of ven
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