Costco's fiscal first-quarter net income rose 2 percent as sales improved and the wholesale club operator pulled in more money from membership fees.
December 11, 2013 at 08:00 AM
1 minute read
Costco’s fiscal first-quarter net income rose 2 percent as sales improved and the wholesale club operator pulled in more money from membership fees.
But the Issaquah, Wash., company’s performance missed analysts’ estimates. Its stock dropped in premarket trading on Wednesday.
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