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INVESTOR RELATIONS

ANALYST COVERAGE

Firm Analyst
Argus Research Company
Chris Graja
BMO Capital Markets
Kelly Bania
BofA Merrill Lynch
Robert Ohmes
Citi Research
Geoff Small
Cleveland Research Company
Scott Bender
Cowen and Company
Oliver Chen
Credit Suisse - North America
Edward Kelly
CRT Capital (Sterne Agee)
Renato Basanta
Deutsche Bank Research
Paul Trussell
Goldman Sachs & Co
Matt Fassler
Guggenheim Securities LLC
John Heinbockel
Jefferies & Co.
Daniel T. Binder
JP Morgan
Christopher Horvers
Macquarie Research
Robert Summers
MoffettNathanson LLC
Greg Melich
Morgan Stanley
Simeon Gutman
Nomura Securities Intl.
Jessica Schoen
Northcoast Research
Chuck Cerankosky
Oppenheimer & Co.
Brian Nagel
Piper Jaffray
Sean P. Naughton
Raymond James
Budd Bugatch
RBC Capital Markets
Robert Scot Ciccarelli
Robert W. Baird & Co.
Peter Benedict
Telsey Advisory Group
Joseph Feldman
UBS
Michael Lasser
Wells Fargo Securities
Zachary Fadem
Wolfe Research
Scott Mushkin

Costco Wholesale Corporation is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Costco Wholesale Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Costco Wholesale Corporation or its management. Costco Wholesale Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.