Costco Wholesale Corporation Election of New Chairman

Harry & David announced it will operate approximately 20 pop-up stores nationwide this holiday season, in addition to its 46 year-round retail locations. The opening of these pop-up stores, in key market areas across the U.S., will expand Harry & David's store footprint just in time for the biggest gift-giving time of the year. Customers will enjoy an extensive assortment of gourmet food gifts at all Harry & David retail locations, including pop-up stores, featuring many fan favorites such as the iconic Royal Riviera® Pears, truffles, specialty chocolates, Moose Munch® Premium Popcorn, novelty candy, bakery items and an array of signature holiday gift baskets and towers. Click Read More below for additional information.

The company’s fourth quarter fiscal year 2017 comparable sales were up 5 percent compared with an increase of 2 percent last year. Comparable sales by global brand for the fourth quarter of fiscal year 2017 were as follows: • Old Navy Global: positive 9 percent versus positive 5 percent last year • Gap Global: flat versus flat last year • Banana Republic Global: positive 1 percent versus negative 3 percent last year. For fiscal year 2017, the company’s comparable sales were up 3 percent compared with a decline of 2 percent last year. Comparable sales by global brand for fiscal year 2017 were as follows: • Old Navy Global: positive 6 percent versus positive 1 percent last year • Gap Global: negative 1 percent versus negative 3 percent last year • Banana Republic Global: negative 2 percent versus negative 7 percent last year. Click Read More below for additional information.

The United States Postal Service reported new delivery performance metrics for the fiscal second quarter dating from Jan. 1 through Mar. 25. Weekly service performance scores have improved for consecutive 4 weeks as the Postal Service continues its top-down focus on operational precision across the postal network to improve delivery reliability. For the week ending Mar. 25, service performance scores for First-Class Mail, Marketing Mail and Periodicals rose to the highest levels since pre-2021 peak holiday season. Second quarter service performance scores covering Jan.1 through Mar. 25 included: *First-Class Mail: 87.2 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 1.9 percentage points from the fiscal first quarter. *Marketing Mail: 92.4 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Periodicals: 81.8 percent of Periodicals delivered on time against the USPS service standard, an improvement of .9 percentage point performance from the fiscal first quarter.