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Costco 3Q profit tops analysts’ estimates

By Washington Examiner
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ISSAQUAH, Wash. (AP) — Costco’s fiscal third-quarter net income climbed 19 percent, bolstered by increased sales and more money from membership fees.

For the three months ended May 12, the wholesale club operator earned $459 million, or $1.04 per share. That’s up from $386 million, or 88 cents per share, a year earlier.

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