Costco 2008 Annual Report Download - page 3

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Warehouses in Operation
At Fiscal Year End
Number of Warehouses
2004 2006
417
(519 at 12/31/08)
425
0
450
475
500
2007
433
458
2008
488
2005
Excludes Mexico
512
525
Net Sales
Fiscal Year
$ Millions
2004 2006 2007
50,000
54,000
52,000
56,000
58,000
60,000
62,000
64,000
66,000
68,000
2005
47,149
51,879
58,963
2008
63,088
0
70,000
72,000 70,977
Net Income
Fiscal Year
$ Millions
2004 2006
0
1,250
1,300
1,100
1,150
1,200
850
1,050
900
950
1,000
882
2007
1,063
1,103
2008
1,083
2005
1,283
Comparable Sales Growth
Fis
c
al Year
Percent Increase
2004 2006 2007
10%
0%
2%
4%
6%
8%
10%
12%
7%
2008
8%
2005
6%
8%
Average Sales Per Warehouse*
(Sales In Millions)
Fiscal Year
*First year sales annualized.
2004
129
98
77
84
79
$72
$115
2003
118
85
62
72
$67
$105
2002
113
77
$58
63
$103
2001
108
65
$57
$101
2000
104
$57
$101
1999
$94
$94
512Totals
290
1999 & Before
2000 21
2001 32
2002 29
2003 24
2004 20
2005 16
2006 25
30
25
2007
2008
Whses*Opened
# ofYear
2005
135
107
88
94
91
81
$63
$120
2006
142
117
98
105
101
99
81
$127
$92
2007
147
121
107
114
107
109
95
$130
101
$76
2008
156
129
125
116
115
121
110
118
$137
88
$86
Selling, General and
Administrative Expenses
Fiscal Year
Percent of Net Sales
2004 2005
0
10.10%
10.00%
9.90%
9.80%
9.70%
2006 2007
9.76% 9.76%
2008
9.94%
9.60%
9.72%
9.80%
Fiscal Year
2004 2006
4.810
4.8
5.0
5.2
5.4
5.6
5.8
0
2007
5.050
5.214
2008
5.401
2005
Business Members
Fiscal Year
Mi
ll
ions
Millions
2004 2006
15.018
0
2007
16.233
17.338
2008
20.181
2005
Gold Star Members
Membership
19
16
18
17
18.619
5.594
20
1515
21
FINANCIAL HIGHLIGHTS
1