Costco Wholesale Corp., Issaquah, Wash., said Thursday weak holiday sales, combined with several “anomalies,” resulted in lower earnings for its fiscal second quarter and first half, which ended Feb. 16, while sales increased for both periods. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. John Heinbockel, managing director at Guggenheim Securities, New York, said Costco’s customer value proposition is as strong as ever “and the ...
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.