ISSAQUAH, Wash. -- Costco Wholesale Corp. here said last week sales in California rose 9% for the first quarter ended Nov. 23, compared with a 5% increase in last year's fourth quarter -- a jump it said was helped by the Southern California supermarket strike. Sales for the 12-week quarter rose 14.4% to $10.5 billion, with comparable-store sales up 11%, and net income increasing 9.9% to $160.2 million. In a conference call with financial analysts, Richard Galanti, executive vice president ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.