Costco Wholesale Corporation Reports September Sales Results

FY23 third quarter service performance scores covering July 1 through July 14, included: *First-Class Mail: 92.0 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 95.3 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 87.7 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from fiscal third quarter.

Dear Industry Member: The Postal Service is conducting a survey on the potential use of a larger size First Class Mail postcard and has asked ACMA and others to pass it on to our industries. The USPS says your feedback “will provide great insights for us to consider during the decision-making process.” SURVEY LINK: https://uspsci.allegiancetech.com/cgi-bin/qwebcorporate.dll?idx=F38Y58 The survey began February 24th and will remain open until Wednesday, March 10th.

Meredith Corporation announced its intention to raise $710 million aggregate principal amount of proposed new secured debt, subject to market and other conditions. A combination of cash on hand and proceeds of the new debt will be used to redeem all of its outstanding Series A preferred stock ("Series A Preferred Stock") and pay fees and expenses incurred in connection with the financing and redemption transactions. The company also announced it has secured an amendment with its revolving line of credit lenders allowing for greater access to the credit facility. "We believe these steps will create significant benefits for all of our stakeholders as we pursue our previously communicated strategy to ensure ample liquidity and enhance our financial flexibility," said Meredith President and Chief Executive Officer Tom Harty.