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May 26, 2017

Costco earnings beat expectations

ISSAQUAH (AP) — Costco shares rose in after-hours trading after the warehouse club company reported earnings that topped Wall Street expectations.

The Issaquah-based company said Thursday that net income in its most recent quarter came to $700 million, or $1.59 per share, up from $545 million, or $1.24 per share, in the same period last year.


 
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