Costco Lowers Profit Forecast on Markdowns here last week lowered earnings expectations for the fourth quarter because of declining margins and higher markdowns on hardlines, principally electronics and furniture. Earnings per share for the period, which ended Aug. 30, are expected to be between 68 cents and 71 cents, compared with forecasts of 71 cents to 74 cents the company issued at the end of the third quarter, Richard Galanti, chief financial officer, said. Noting that fiscal 2006 is ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.