PRICE/COSTCO NET FALLS 10% IN SECOND QUARTER

KIRKLAND, Wash. -- Price/ Costco here said net income fell 10% to $62.3 million in the second quarter ended Feb. 13.comparable-warehouse sales were down 3%.Price/Costco's second-quarter figures reflect a $2.5 million pretax charge, or 1 cent per fully diluted share after taxes, for insurance deductibles resulting from the Los Angeles earthquake early this year. Six warehouses suffered structural or

KIRKLAND, Wash. -- Price/ Costco here said net income fell 10% to $62.3 million in the second quarter ended Feb. 13.

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