Inflation Won't Dampen Demand: Costco

ISSAQUAH, Wash. — Costco Wholesale Corp. here said Wednesday it anticipates some inflation in fresh foods, particularly proteins, with increases in the mid- to high single-digit range likely over the next six to nine months.

“Beyond that, it’s hit and miss,” Richard A. Galanti, executive vice president and chief financial officer, told analysts. Asked if the anticipated price increases would

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