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Costco Posts a Strong 4Q

ISSAQUAH, WASH. - Costco wrapped up its fourth quarter with a 27% jump in net income to $609 million, or $1.39 per share.
     Sales for the quarter ended Sept. 2 climbed 14% to $31.5 billion. Comps, excluding the impact of gasoline sales, were up 6% in the U.S., 7% in the international division and 6% for the full company.
     For the full fiscal year, net income rose 17% to was $609 million, or $1.39 per share. Sales increased 12% to $97.06 billion. Comps, excluding fuel sales, rose 6% in the U.S., 8% in the international division and 6% for the total company.
Costco ended the fiscal year with 608 clubs in seven countries, including 439 in the U.S. and Puerto Rico.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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