date:May 30, 2014
Costco Wholesale Corp., the largest US warehouse-club chain, posted fiscal third-quarter profits that missed analysts estimates even as comparable sales gained 6%.
Net income in the quarter ended 11 May rose 3.1% to $473 million, or $1.07 a share, from $459 million, or $1.04, a year earlier, the Issaquah, the Washington-based company said today in a statement. Analysts projected $1.10, the average of 25 estimates compiled by Bloomberg.
US retailers of all stripes struggled with harsh winter w