Costco Q3: investing in wages as ecommerce surges ahead

Date : 04 June 2018

Stewart Samuel

Director of Retail Futures

We review Costco’s third quarter results, including its plan to invest in higher starting wages. Strengthening performance across the business Costco’s third quarter revenue increased by 12.1% to $32.4bn, with net income up 7.1% to $750m. Comparable store sales, excluding fuel and currency…
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