Costco Sees Margins Expand

ISSAQUAH, Wash. Costco Wholesale Corp. here said last week its margins are continuing to expand, and it believes it still has room for more margin improvement. We've been smart about how we can improve margins without doing the wrong things, and notwithstanding the fact we're constantly the most competitive out there, we feel pretty positive, Richard Galanti, executive vice president and chief financial

ISSAQUAH, Wash. — Costco Wholesale Corp. here said last week its margins are continuing to expand, and it believes it still has room for more margin improvement.

“We've been smart about how we can improve margins without doing the wrong things, and notwithstanding the fact we're constantly the most competitive out there, we feel pretty positive,” Richard Galanti, executive vice president and chief financial officer, told investors in a conference call discussing results for the

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