Daily Business News
Thursday, October 12, 2006
  Costco posts higher quarterly profit (Reuters)

A Costco warehouse store in Chicago in this August 18 2004 file photo. Costco Wholesale Corp. on Thursday said quarterly profit rose beating its lowered forecast as improving margins from its gasoline stations and an income tax benefit made up for slack demand for big-ticket items such as furniture. (John Gress/Reuters)Reuters - Costco Wholesale Corp. on Thursday said quarterly profit rose beating its lowered forecast as improving margins from its gasoline stations and an income tax benefit made up for slack demand for big-ticket items such as furniture.


 
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