Costco profit advances as revenue growth outpaces Wal-Mart
Sales at Costco stores open a year or more increased 8 percent in the quarter, excluding changes in gasoline prices and foreign-currency exchange rates. In its most recent quarter, Wal-Mart reported a 1.5 percent increase in U.S. same-store sales, while Target posted a 3.2 percent gain.
Renee Dudley, Bloomberg
Posted on 3-05-2015 at 7:20 AM