Traffic Gains Boost Costco's Q2 Results

ISSAQUAH, Wash. — Costco Wholesale Corp. here said Wednesday increases in transaction size and customer frequency helped boost sales and earnings for its fiscal second quarter and first half, which ended Feb. 12.

Net income for the 12-week quarter jumped 13.2% to $394 million, while sales were up 10.1% to $22.5 billion and comparable-store sales, excluding fuel and foreign exchange rates,

Register to view the full article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish