homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

March 13, 2013

Costco 2Q results rise, top estimates

ISSAQUAH (AP) — Costco's fiscal second-quarter net income climbed 39 percent as it pulled in more money from membership fees, sales improved and it recorded a large tax benefit.

The results beat Wall Street expectations. The wholesale club operator earned $547 million, or $1.24 per share, for the period ended Feb. 17. That compares with $394 million, or 90 cents per share, a year earlier.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.