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Higher sales boost Costco Wholesale 4Q results

Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy.

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Higher sales boost Costco Wholesale 4Q results

Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy.

+Vote!

Higher sales boost Costco Wholesale 4Q results

Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy.

+Vote!

Higher sales boost Costco Wholesale 4Q results

Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy.

+Vote!

Higher sales boost Costco Wholesale 4Q results

Warehouse-club operator Costco Wholesale Corp. said Wednesday that its fourth-quarter profit rose 7 percent as consumers shopped for bargains in the tough economy. Shoppers flocked to the warehouse club for necessities such as food and sundries but shied away...

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Recession Is Good News for Costco

FP Trading Desk submits: Consumers are buying up industrial-sized bags of coffee and other bulk household items in recessionary times and that is great news for Costco Wholesale Corp. (COST), according to analysts at Goldman Sachs. Goldman's Adrianne Shapira said in a note to clients: Complete Story »

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Costco's profit and sales climb as consumer worries grow

Costco Wholesale Corp. on Wednesday says its fiscal fourth-quarter profit rose nearly 7%, as the largest U.S. warehouse club operator aims to lure shoppers stung by the economic downturn.

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Fitch Downgrades Controladora Comercial Mexicana IDRs to 'D'

... supermarkets; Sumesa, a value-priced neighborhood supermarket; Costco, under a joint venture with Costco Wholesale Corp. and City Market, a high purchasing power segment supermarket. In addition, CCM operates a chain of 73 family-style restaurants.

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September shoppers catch tightwad flu

... meals with ingredients they can cook at home. Many retailers, including J.C. Penney Co., Kohl's Corp., Saks Inc. and Nordstrom Inc. cut their outlooks as they use aggressive discounts to pull in shell-shocked shoppers. As retailers reported their sales figures Wednesday, even discounters weren't immune to shoppers' mounting worries about their financial security. Wal-Mart Stores Inc., the...

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Despite Economy, Costco Manages Impressive Sales Gains (COST)

Costco Wholesale Corp. (NASDAQ: COST) is trading down over 1% pre-market, yet the upper-end big box retailer posted some very strong numbers when you consider... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Costco’s fourth-quarter and fiscal year earnings both increase

Costco Wholesale Corp. said fourth-quarter net income rose to $397.8 million, or 90 cents per diluted share; up from $372.4 million, or 83 cents per share a year earlier. (COST)

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Costco profit rises 8 percent

(Reuters) - Discount retailer Costco Wholesale Corp reported higher quarterly profit on Wednesday as price-conscious shoppers headed to its warehouse locations for bargains.

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Costco's profit and sales rise

HONG KONG (MarketWatch) - Costco Wholesale Corp. said Wednesday its fiscal fourth-quarter net income rose to $397.8 million, or 90 cents a share, from $372.4 million, or 83 cents a share, in the year-ago period. The results for the most recent quarter ended Aug. 31 included 7 cents a share in charges, and the year-earlier figure included 8 cents a share in charges, the company said....

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Fitch Downgrades Controladora Comercial Mexicana IDRs to 'BB'; on Watch Negative

... supermarkets; Sumesa, a value-priced neighborhood supermarket; Costco, under a joint venture with Costco Wholesale Corp. and City Market, a high purchasing power segment supermarket. In addition, CCM operates a chain of 73 family-style restaurants. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, . Published ratings, criteria...

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Biz media lack perspective in reporting on Costco

TheStreet.com media critic Marek Fuchs writes that most of the business media, when writing about Costco’s recent earnings, forgot to mention that the company warned in July that its earnings would be lower than forecasted. Fuchs writes, “Here’s a Reuters headline, quite positive: ‘Costco profit up 7 percent.’ “And a Reuter’s lead, equally positive: ‘Costco Wholesale Corp [...]