Topic: Costco Wholesale Corporation
Discount 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 percent, topping the 1 percent rise analysts forecast and ...
THE 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 minimum. NOT ALL GOOD NEWS: BJ's and Costco ...
Strong 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 67 cents per share, for the quarter. That's ...
Costco 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 $18.74 billion, helped by higher gas prices. EXPECTATIONS ...
