Costco 2007 Annual Report Download - page 3

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Warehouses in Operation
At Fiscal Year End
Number of Warehouses
500
475
2003 2005
450
425
397
(499 at 12/31/07)
400
0
2006
417
433
2007
458
2004
Excludes Mexico
488
Net Sales
Fiscal Year
$ Millions
2003 2005 2006
42,000
46,000
44,000
48,000
50,000
52,000
54,000
56,000
58,000
60,000
2004
41,695
47,149
51,879
2007
58,963
0
62,000
64,000 63,088
Net Income
Fiscal Year
$ Millions
2003 2005
1,150
0
1,050
1,100
900
950
1,000
650
850
700
750
800
721
2006
882
1,063
2007
1,103
2004
1,103
1,083
Comparable Sales Growth
Fis
c
al Year
Percent Increase
2003 2005 2006
10%
0%
2%
4%
6%
8%
10%
12%
7%
2007
8%
2004
5%
6%
Average Sales Per Warehouse*
(Sales In Millions)
Fiscal Year
*First year sales annualized.
2003
119
105
72
85
62
$67
$105
2002
114
97
63
77
$58
$103
2001
109
86
$57
65
$101
2000
105
77
$57
$101
1999
95
$65
$94
1998
$87
$87
488Totals
2761998 & Before
1999 15
2000 21
2001 32
2002 29
2003 24
2004 20
2005 16
2006 25
302007
Whses*Opened
# ofYear
2004
129
120
84
98
77
79
$72
$115
2005
135
127
94
107
88
91
81
$120
$63
2006
143
136
105
117
98
101
99
$127
81
$92
2007
148
145
121
107
114
107
109
95
$130
101
$76
Selling, General and
Administrative Expenses
Fiscal Year
Percent of Net Sales
2003 2004
0
10.10%
10.00%
9.90%
9.80%
9.70%
2005
9.83%
2006
9.76% 9.76%
2007
9.94%
9.60%
9.72%
Fiscal Year
2003 2005
4.636
4.6
4.8
5.0
5.2
5.4
5.6
0
2006
4.810
5.050
2007
5.214
2004
Business Members
Fiscal Year
Mi
ll
ions
Millions
2003 2005
14.984
0
17
19
16
18
2006
15.018
16.233
2007
18.619
2004
Gold Star Members
Membership
15
17.338
5.401
FINANCIAL HIGHLIGHTS
1