COSTCO SEES 3RD-QUARTER PROFIT GAINS IN PERISHABLES

ISSAQUAH, Wash. -- Costco Wholesale here said margins on its sales of perishables were up in double digits in the third quarter.In a conference call with analysts discussing results for the 12-week period that ended May 8, Richard Galanti, chief financial officer, said margins on fresh foods improved about 25 to 30 basis points in the quarter."One area where nobody can touch us is fresh food," he

ISSAQUAH, Wash. -- Costco Wholesale here said margins on its sales of perishables were up in double digits in the third quarter.

In a conference call with analysts discussing results for the 12-week period that ended May 8, Richard Galanti, chief financial officer, said margins on fresh foods improved about 25 to 30 basis points in the quarter.

"One area where nobody can touch us is fresh food," he said during the call. "It helps when you're doing two and three times the volum

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