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Costco gains on profit results

September 30th, 2015 Leave a comment Go to comments
In this Nov. 12, 2014 record photo, Linda Bultema leaves the Costco store in Kalamazoo, Mich. Costco on Monday, Mar 2, 2015 pronounced it struck a understanding for Citi to be the disdainful issuer of the co-branded credit cards, with Visa replacing American Express as the label network.

In this Nov. 12, 2014 record photo, Linda Bultema leaves the Costco store in Kalamazoo, Mich. Costco on Monday, Mar 2, 2015 pronounced it struck a understanding for Citi to be the disdainful issuer of the co-branded credit cards, with Visa replacing American Express as the label network.

Shares of room seller Costco (COST) gained Wednesday after the association reported better-than-expected quarterly profit.

The tradesman warranted an practiced distinction of $1.66 a share, violence expectations by 4%. Profits were 9% aloft contra a year ago. Revenue of $35 billion was down somewhat and longed for views by 4.2%.

Shares of Costco have been up 38 cents, or 0.3%, to $144.28.

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