Costco Sees Financial Results Drop for Q4, Fiscal Year

Costco Wholesale Corp. said the weak economic environment, higher employee benefit costs and weaker foreign exchange rates combined to negatively impact financial results for the fourth quarter and fiscal year ended Aug. 30.

ISSAQUAH, Wash. — Costco Wholesale Corp. here said yesterday the weak economic environment, higher employee benefit costs and weaker foreign exchange rates combined to negatively impact financial results for the fourth quarter and fiscal year ended Aug. 30.

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