Tag Archives: Richard Galanti

Costco Q2 Net Falls 15.4 Percent


ISSAQUAH, Wash.-Weak sales and margins in certain product categories led to a 15.4 percent slide in Costco’s second-quarter net income, which totaled $463 million. Net sales in the quarter, which ended on Feb. 16, rose 5.8 percent to $25.6 billion, including a same-club sales increase of 3 percent. Gross margin slipped eight basis points toMore »

Last updated: March 6, 2014