Tuesday
Jun042013
Costco Q3 Results
Tuesday, June 4, 2013 at 4:51PM
Membership fees rose 12 percent to $531 million in the third quarter ended May 12.
Total sales at stores open at least a year, or same-store sales, rose 5 percent.
Costco said net income rose to $459 million, or $1.04 per share, from $386 million, or 88 cents per share, a year earlier.
Sales rose 8 percent to $23.55 billion but were below market estimates of $24.21 billion.
Total sales at stores open at least a year, or same-store sales, rose 5 percent.
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