Costco Wholesale First Quarter Profit Rises

CNBC Thursday 8th December, 2011

The largest U.S. warehouse club operator sells products from chicken to couches at a discount, to its members who pay annual membership fees. For the first quarter it earned $320 million, or 73 cents per share, compared with $312 million, or 71 cents per share, a year earlier. Net sales rose 13 percent to $21.18 billion, excluding membership fees. ...

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