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December 15, 2017

Costco profit grows 17 percent

ISSAQUAH (AP) — Costco Wholesale Corp. said Thursday that its first-quarter profit grew 17 percent, fueled by strong sales at its warehouse stores where members buy in bulk.

The Issaquah-based company said it earned $640 million, or $1.45 per share, in its fiscal first quarter that ended Nov. 26. That's up from $545 million, or $1.24 per share a year earlier.


 
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