Costco 2005 Annual Report Download - page 3

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Warehouses in Operation
At Fiscal Year End
Number of Warehouses
450
425
2001 2002 2004
400
375
345
397
(443 at 12/31/05)
350
0
2005
417
433
2003
374
Net Sales
Fiscal Year
$ Millions
2001 2002 2004 2005
34,137
37,993
38,000
36,000
42,000
40,000
44,000
46,000
48,000
50,000
52,000
2003
41,693
47,146
51,862
34,000
0
Net Income
Fiscal Year
$ Millions
2001 2002 2004
1,100
0
1,000
1,050
850
900
950
600
800
650
700
750
602
721
2005
882
1,063
2003
700
Comparable Sales Growth
Fiscal Year
Percent Increase
2001 2002 2004 2005
10%
0%
2%
4%
6%
8%
10%
12%
7%
2003
5%
6%
4%
Average Sales Per Warehouse *
(Sales In Millions)
Fiscal Year
*First year sales annualized.
112
106
86
77
65
$57
$101
108
99
77
72
$57
$101
98
85
$65
58
$94
90
70
$50
$87
84
$56
$83
$77
$77
433Totals
2491996 & Before
1997 10
1998 17
1999 15
2000 21
2001 32
2002 29
2003 24
2004 20
162005
Whses*Opened # ofYear
117
113
97
82
77
63
$58
$103
121
115
105
86
85
72
62
$105
$67
132
124
120
91
98
84
77
$115
79
$72
2005
138
131
99
107
127
94
88
91
81
$63
Selling, General and
Administrative Expenses
Fiscal Year
Percent of Net Sales
2001 2002 2003
0
10.0%
9.75%
9.50%
9.25%
9.41%
9.17%
2004
9.83%
2005
9.75% 9.73%
9.0%
Fiscal Year
2001 2002 2004
4.636
4.358
4.2
4.4
4.6
4.8
5.0
5.2
0
2005
4.810
5.050
2003
4.476
Business Members
Fiscal Year
Millions
Millions
2001 2002 2004
12.737
14.984
0
14
16
13
15
18
17
2005
15.018
16.233
2003
14.597
Gold Star Members
Membership
12
FINANCIAL HIGHLIGHTS
1
2004
2002 2003
2001
1999 2000
1998
1996 1997
$120