Investor's Business Daily - The nation's largest warehouse chain said its Q2 earnings rose 13% to 79 cents, meeting views. Sales climbed 11% to $20.88 bil, topping estimates. Costco Wholesale (NMS:COST) said sales at stores open at least a year grew 7%, vs. a 12% rise in int'l and 5% in the U.S. But Costco cautioned that rising commodity costs will put pressure on future results. Shares slid 2.5% to 71.76.
More...
More...