Costco 3Q Earnings Up 6%

Issaquah, WA, May 26--Costco Wholesale Corp. reported earnings for its third quarter that increased 6 percent, helped by improved sales and a moderate gain in business at locations open at least one year. Earnings in the quarter grew to $209.8 million, or $0.43 per share, in the quarter, from $198.7 million, or $0.42 in the previous year. Analysts had forecast $0.42. Revenue including net sales and membership fees totaled $12 billion, up from $10.9 billion a year earlier. Same store sales were up 7 percent.