Costco Quarterly Profit Trails Estimates Even As Sales Increase
date:May 30, 2014
eather and shaky consumer confidence during the most recent quarter. Even so, sales at Costco stores open more than a year increased in the quarter, with a 6% advance excluding changes in gasoline prices and foreign-currency exchange rates.

Revenue by similar measures fell 0.2% at Wal-Mart Stores Inc. in the US and dropped 0.3% at Target Corp. (TGT) in their most recent quarters.

Costcos total third-quarter sales rose 7.1% to $25.8 billion. Analysts estimated $25.9 billion, on average. Revenue
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