Costco Q3: investing in wages as ecommerce surges ahead

Date : 04 June 2018

Stewart Samuel

Program Director - Canada

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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