# EDGAR Filing Document

**Accession Number:** 0000909832
**File Stem:** 0000909832-23-000004
**Filing Date:** 2023-1
**Character Count:** 8035
**Document Hash:** 84be3ee3cd291d2a24ebfdba76f6ca4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000909832-23-000004.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0000909832-23-000004

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230119

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COSTCO WHOLESALE CORP /NEW
- **CENTRAL INDEX KEY:** 0000909832
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-VARIETY STORES [5331]
- **IRS NUMBER:** 911223280
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 0901

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-20355
- **FILM NUMBER:** 23537799

**BUSINESS ADDRESS:**
- **STREET 1:** 999 LAKE DRIVE
- **CITY:** ISSAQUAH
- **STATE:** WA
- **ZIP:** 98027-
- **BUSINESS PHONE:** 4253138100

**MAIL ADDRESS:**
- **STREET 1:** 999 LAKE DRIVE
- **CITY:** ISSAQUAH
- **STATE:** WA
- **ZIP:** 98027

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COSTCO COMPANIES INC
- **DATE OF NAME CHANGE:** 19970401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE/COSTCO INC
- **DATE OF NAME CHANGE:** 19930728

?xml version="1.0" ? cost-20230119

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 19, 2023**

**COSTCO WHOLESALE CORPORATION**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Washington** | **0-20355** | **91-1223280** |
| **(State or other jurisdiction <br>of incorporation)** | **(Commission <br>File No.)** | **(I.R.S. Employer <br>Identification No.)** |

---

**999 Lake Drive**

**Issaquah, WA 98027**

**(Address of principal executive offices and zip code)**

**Registrant's telephone number, including area code: 425-313-8100**

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))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Common Stock, par value $.005 per share** | **COST** | **NASDAQ** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

Item 8.01.&nbsp;&nbsp;&nbsp;&nbsp;**Other Events**

The Board of Directors declared a quarterly cash dividend on the Company's common stock. The dividend of 90 cents per share declared on January 19, 2023, is payable February 17, 2023, to shareholders of record at the close of business on February 3, 2023.

Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;**Financial Statements and Exhibits** 

(d) Exhibits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1.&nbsp;&nbsp;&nbsp;&nbsp;<u>[Press release dated January 19, 2023.](costex9918-k11923.htm)</u>

104&nbsp;&nbsp;&nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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, on January 19, 2023.

---

| | |
|:---|:---|
| COSTCO WHOLESALE CORPORATION | COSTCO WHOLESALE CORPORATION |
| By: | /s/ Richard A. Galanti |
|  | Richard A. Galanti |
|  | Executive Vice President, Chief Financial Officer, and Director |

---

## Exhibit 99.1

**Exhibit 99.1**

![costco6a.jpg](costco6a.jpg)

**Press Release**

**COSTCO WHOLESALE CORPORATION ANNOUNCES REAUTHORIZATION OF STOCK REPURCHASE PROGRAM AND QUARTERLY CASH DIVIDEND**

ISSAQUAH, Wash., January 19, 2023 - Costco Wholesale Corporation ("Costco" or the "Company") (Nasdaq: COST) today announced that its Board of Directors has reauthorized a common stock repurchase program of up to $4 billion. This program will expire in January 2027 and replaces the current $4 billion program (adopted in 2019 and scheduled to expire April 2023), under which approximately $1.4 billion had been purchased. The Board of Directors also declared a quarterly cash dividend on Costco common stock of 90 cents per share. The dividend is payable February 17, 2023, to shareholders of record at the close of business on February 3, 2023.

Costco currently operates 847 warehouses, including 583 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, two each in France and China, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

Certain statements contained in this document 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. In some cases forward-looking statements can be identified because they contain words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. 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, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs), energy and certain commodities, geopolitical conditions (including tariffs and the Ukraine conflict), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to climate change, COVID-19 related factors and challenges, and other risks identified from time to time in the Company's public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law.

**CONTACTS:&nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation**

Richard Galanti, 425/313-8203

David Sherwood, 425/313-8239

Josh Dahmen, 425/313-8254

COST-COMP

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