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Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales

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Costco announced earnings for the second quarter of the company’s fiscal year that delivered mixed results that mostly beat expectations.

Costco’s net sales for the quarter jumped to $54.24 billion – an increase of 6.5% that came in shy of estimates of $55.5 billion. Earnings per share were $3.30 a…

Read more at foxbusiness.com: Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales

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