Costco, Second Quarter Earnings | featured news

Coscto earnings beat expectations and rose 39%. Proving you can pay above average wages and pull in high profits.

Costco - CS Monitor

Costco's fiscal second-quarter net income climbed 39 percent as it pulled in more money from membership fees, sales improved and it recorded a large tax benefit. The wholesale club operator earned $547 million, or $1.24 per share, for the period ended Feb. 17. That compares with $394 million, or 90 cents per share, a year earlier.

 

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