Topic: Costco Wholesale Corporation
Sector snap: Discount stores
AP News
Discount stores shares mixed after February sales reportDiscount stores reported better-than-expected February sales figures on Thursday, as consumers continued to respond to low prices as they shopped for spring merchandise in the midst of winter storms. Target Corp. said sales in stores open at least one year rose 2.4 ...
Summary Box: Warehouse club growth
AP News
Summary Box: Wholesale club operators see modest gains against grocersTHE QUARTER: Costco Wholesale Corp. and BJ's Wholesale Club Inc.'s quarterly profits grew while many grocers struggle. THE STRATEGY: They got a boost from gasoline prices and foreign exchange. But generally keep overhead low and price adjusting to a ...
Costco 2Q profit rises; international sales strong
AP News
Costco Wholesale 2nd-quarter profit climbs; revenue rises on higher gas prices, softer dollarStrong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, helping send the warehouse club operator's profit up 25 percent. Costco reported Wednesday that it earned $299 million, or ...
Summary Box: Costco Wholesale's 2Q results
AP News
Summary Box: Costco Wholesale reports fiscal 2nd-quarter financial resultsCostco Wholesale Corp., based in Issaquah, Wash. reported results for its fiscal second quarter on Wednesday. PROFIT: Increased 25 percent to $299 million, or 67 cents per share. That includes a 3-cent charge tied to employee benefits. REVENUE: Improved 11 percent to ...
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