10-QPeriod: Q3 FY2003

COSTCO WHOLESALE CORP /NEW Quarterly Report for Q3 Ended May 11, 2003

Filed June 24, 2003For Securities:COST

Summary

Costco Wholesale Corporation reported its quarterly results for the period ending May 11, 2003. The company demonstrated continued operational strength, with key metrics likely reflecting its membership-based warehouse club model. Investors would be interested in the company's revenue growth, profitability, and cash flow generation, as these are primary indicators of its financial health and ability to return value. The filing also provides insights into the company's liquidity and its management's perspective on the business's performance and future outlook. While specific financial figures are not detailed in this excerpt, the overall filing structure suggests a focus on the Condensed Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows. These statements, along with the Management's Discussion and Analysis (MD&A), are crucial for understanding the drivers of the company's performance, any significant events during the quarter, and potential risks or opportunities ahead. Investors should pay close attention to the MD&A for a qualitative understanding of the numbers presented.

Key Highlights

  • 1Costco Wholesale Corporation filed its 10-Q for the quarterly period ended May 11, 2003.
  • 2The report is a standard quarterly filing under Section 13 or 15(d) of the Securities Exchange Act of 1934.
  • 3The company's common stock is listed on The Nasdaq National Market.
  • 4As of June 20, 2003, there were 457,094,254 common shares outstanding.
  • 5The filing includes the Condensed Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows.
  • 6Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) is a key section for investor insights.
  • 7The report addresses Item 3: Quantitative and Qualitative Disclosure of Market Risk, indicating an awareness of financial market exposure.

Frequently Asked Questions

This 10-Q filing provides investors with an update on Costco Wholesale Corporation's financial performance and condition for the quarterly period ended May 11, 2003. It includes key financial statements and management's analysis, as required by the SEC.

The revenue and profit figures would be detailed in the 'Condensed Consolidated Statements of Income' within the filing. You would also find a more narrative explanation of the financial results in the 'Management’s Discussion and Analysis of Financial Condition and Results of Operations' section.

Investors should focus on the 'Condensed Consolidated Balance Sheets' for the company's assets, liabilities, and equity, indicating its financial position. The 'Condensed Consolidated Statements of Cash Flows' will show how cash is generated and used, which is critical for operational sustainability and investment. Trends in revenue, gross margins, and net income from the 'Statements of Income' are also vital.

Yes, the filing indicates that Costco is an 'accelerated filer' as it marks with 'YES x' for the checkbox related to being subject to such filing requirements for the past 90 days.