Costco 2004 Annual Report Download - page 3

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Warehouses in Operation
At Fiscal Year End
Number of Warehouses
425
400
2000 2001 2003
375
350
313
345
397
(424 at 12/31/04)
325
0
2004
417
2002
374
Net Sales
Fiscal Year
$ Millions
44,000
46,000
48,000
42,000
40,000
38,000
36,000
34,000
2000 2001 2003 2004
34,137
37,993
31,621
2002
41,693
47,146
32,000
0
Net Income
Fiscal Year
$ Millions
2000 2001 2003
850
900
950
0
700
750
800
600
650
602
631
721
2004
882
2002
700
Comparable Sales Growth
Fiscal Year
Percent Increase
2000 2001 2003 2004
10%
0%
2%
4%
6%
8%
10%
12%
2002
5%
6%
11%
4%
A
ve
r
a
g
e
S
a
l
e
s
P
e
r
W
a
r
e
hou
s
e
*
(
S
a
l
e
s
I
n
M
illion
s
)
Fiscal Year
*First year sales annualized.
2001
114
83
106
86
77
65
$57
$101
2000
110
80
99
77
72
$57
$101
1999
100
68
85
$65
58
$94
1998
92
61
70
$50
$87
1997
86
53
$56
$83
1996
79
$46
$77
1995
$75
$75
417
T
ot
a
l
s
2311995
&
B
e
fo
r
e
181996
101997
171998
151999
212000
322001
292002
242003
202004
W
h
s
e
s
*O
p
e
n
e
d
#
of
Y
ea
r
2002
119
87
113
97
82
77
63
$58
$103
2003
124
94
115
105
86
85
72
62
$105
$67
2004
134
104
124
120
91
98
84
77
$115
79
$72
Selling, General and
Administrative Expenses
Fiscal Year
Percent of Net Sales
2000 2001 2002
0
10.0%
9.5%
9.0%
9.41%
8.71%
9.17%
2003
9.83%
2004
9.75%
8.5%
Fiscal Year
2000 2001 2003
4.170
4.636
4.358
4.0
4.2
4.4
4.6
4.8
5.0
0
2004
4.810
2002
4.476
Business Members
Fiscal Year
Millions
Millions
2000 2001 2003
10.521
12.737
14.984
0
12
14
18
17
11
13
16
15
2004
15.018
2002
14.597
Gold Star Members
Membership
10
FINANCIAL HIGHLIGHTS
1