Exhibit 99.1
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COSTCO WHOLESALE CORPORATION ANNOUNCES
QUARTERLY CASH DIVIDEND
ISSAQUAH, Wash., July 22, 2013 – Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that on July 21, 2013, its Board of Directors declared a quarterly cash dividend on Costco common stock of $.31 per share. The quarterly dividend is payable August 23, 2013, to shareholders of record at the close of business on August 9, 2013.
Costco currently operates 629 warehouses, including 450 in the United States and Puerto Rico, 85 in Canada, 33 in Mexico, 25 in the United Kingdom, 15 in Japan, nine in Taiwan, nine in Korea and three in Australia. The Company plans to open up to an additional five new warehouses prior to the end of its fiscal year on September 1, 2013. Costco also operates electronic commerce web sites, at www.costco.com (U.S.), www.costco.ca (Canada), and www.costco.co.uk (United Kingdom).
Certain statements contained in this document and the pre-recorded telephone message constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are 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 business spending patterns and debt levels, conditions affecting the acquisition, development, ownership or use of real estate, amounts expected to be spent on expansion plans, actions of vendors, rising costs associated with employees (including health care costs), energy, and certain commodities, geopolitical conditions and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission.
CONTACTS: | Costco Wholesale Corporation | |
| Bob Nelson, 425/313-8255 | ||
| Jeff Elliott, 425/313-8264 |
Issaquah Home Office • 999 Lake Drive • Issaquah, WA 98027-5367 • (425) 313-8100