UNITED
        STATES
 SECURITIES
        AND EXCHANGE COMMISSION
 WASHINGTON,
        DC 20549
 
 **_______________**
 
 **FORM 8-K**
 
 
 **CURRENT
        REPORT**
 **Pursuant
        to Section 13 or 15(d) of the Securities Exchange Act of 1934**
 
 
 **October
        4, 2007**
 Date
        of
        report (date of earliest event reported)
 
 
 
 **COST-U-LESS,
        INC.**
 (Exact
        name of registrant as specified in its charter)
 
 **Washington**
              
              **0-24543**
              
              **91-1615590**(State
                  or other jurisdiction of incorporation)
              
              (Commission
                  File Number)
              
              (I.R.S.
                  Employer Identification No.)
 
 
 **3633
        136th Place SE, Suite 110**
 **Bellevue,
        Washington 98006**
 (Address
        of principal executive offices)(Zip code)
 
 
 **(425)
        945-0213**
 (Registrant’s
        telephone number, including area code)
    Check
        the
        appropriate box below if the Form 8-K filing is intended to simultaneously
        satisfy the filing obligation of the registrant under any of the following
        provisions (see General Instruction A.2. below):
  [
        ]
        Written communications pursuant to Rule 425 under the Securities Act (17
        CFR
        230.425)
  [
        ]
        Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
        240.14a-12)
  [
        ]
        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
        Act
        (17 CFR 240.14d-2(b))
  [
        ]
        Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
        Act
        (17 CFR 240.13e-4(c))
   
  **Item
        2.02** **Results
        of Operations and Financial Condition.**
 
 On
        October 4, 2007, Cost-U-Less, Inc. issued a press release announcing an increase
        of 4.7% in same store sales (stores open a full 13 months), for the five
        weeks
        ended September 30, 2007 (September 2007). For the corresponding period a
        year
        ago (September 2006), Cost-U-Less, Inc. experienced a same store sales increase
        of 6.7%.
  Additionally,
        the Company announced same store sales increases of 5.7% and 3.7% for the
        13 and
        39 weeks ended September 30, 2007, respectively, as compared to same store
        sales
        increases of 3.5% and 3.3% for the 13 and 39 weeks ended October 1, 2006,
        respectively.
  A copy of
        the press release is attached hereto as Exhibit 99.1.
  
 **Item
        9.01 Financial Statements and Exhibits.**
  (c)
        Exhibits.
  Exhibit
                  No.
              
              Description99.1
              
              Cost-U-Less,
                  Inc. press release dated October 4,
                  2007
  
  SIGNATURES
 
 
 Pursuant
        to the requirements of the Securities Exchange Act of 1934, the registrant
        has
        duly caused this report to be signed on its behalf by the undersigned hereunto
        duly authorized.
  
 Cost-U-Less,
                  Inc.October
                  4, 2007
              By:
              /s/
                  Martin MooreMartin
                  Moore, Chief Financial Officer
 
   
  EXHIBIT
        INDEX
 
 
 Exhibit
                  No.
              
              Description99.1
              
              Cost-U-Less,
                  Inc. press release dated October 4,
                  2007