Issaquah, Wash. — Costco Wholesale Corp. here said better operating procedures helped boost gross margins on fresh foods by approximately 0.5% during the fourth quarter ended Sept. 2, reversing a slight negative trend from earlier in the year. Net income for the 16-week quarter rose 4.7% to $372.4 million, compared with the 17-week fourth quarter a year ago, while sales jumped 3% to $20.1 billion and comparable-warehouse sales increased 5%. For the 52-week year (compared with the prior ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.