<PAGE>
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-Q/A
/X/ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934.
FOR THE QUARTERLY PERIOD ENDED NOVEMBER 20, 1994
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM TO
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COMMISSION FILE NUMBER 0-20355
PRICE/COSTCO, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 33-0572969
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
10809 - 120TH AVENUE N.E.
KIRKLAND, WASHINGTON 98033
(Address of principal executive offices)
(206) 803-8100
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports, and (2) has been subject to such
filing requirements for the past 90 days. YES x NO
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The registrant had 217,843,000 common shares, per value $.01, outstanding
at December 7, 1994.
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PRICE/COSTCO, INC.
AND SUBSIDIARIES
INDEX TO FORM 10-Q/A
11/20/94
PART I -- FINANCIAL INFORMATION
Page
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ITEM 1 -- FINANCIAL STATEMENTS
Condensed Consolidated Balance Sheets ........................... 8
Condensed Consolidated Statements of Operations ................. 9
Condensed Consolidated Statements of Cash Flows ................. 10
Notes to Condensed Consolidated Financial Statements ............ 11
ITEM 2 -- MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS ........................................ 3
PART II -- OTHER INFORMATION
ITEM 1 -- LEGAL PROCEEDINGS ....................................... 6
ITEM 2 -- CHANGES IN SECURITIES ................................... 6
ITEM 3 -- DEFAULTS UPON SENIOR SECURITIES ......................... 6
ITEM 4 -- SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS .... 6
ITEM 5 -- OTHER INFORMATION ....................................... 6
ITEM 6 -- EXHIBITS AND REPORTS ON FORM 8-K ........................ 6
Exhibit (28) -- Independent Public Accountants' Letter .......... 19
Exhibit (27) -- Financial Data Schedules ........................ 20
2
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<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-03-1995
<PERIOD-START> AUG-29-1994
<PERIOD-END> NOV-20-1994
<CASH> 85,035
<SECURITIES> 0
<RECEIVABLES> 154,580
<ALLOWANCES> 0
<INVENTORY> 1,724,289
<CURRENT-ASSETS> 2,039,234
<PP&E> 2,673,104
<DEPRECIATION> (454,411)
<TOTAL-ASSETS> 4,811,408
<CURRENT-LIABILITIES> 2,173,869
<BONDS> 795,229
<COMMON> 2,178
0
0
<OTHER-SE> 1,732,796
<TOTAL-LIABILITY-AND-EQUITY> 4,811,408
<SALES> 3,943,718
<TOTAL-REVENUES> 4,029,923
<CGS> 3,577,444
<TOTAL-COSTS> 3,934,613
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 13,060
<INCOME-PRETAX> 82,250
<INCOME-TAX> 33,723
<INCOME-CONTINUING> 48,527
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 48,527
<EPS-PRIMARY> .22
<EPS-DILUTED> .22
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