Wednesday, October 5, 2011

Costco misses forecasts...

Costco Wholesale Corp. (COST). The company missed forecasts for fourth quarter profit and sales and said it will increase its annual membership fee for a little more than 22 million members. Net income was $478 million, or $1.08 a share, compared with $432 million, or 97 cents a share a year ago.


Costco is down 2.02 to 79.60 this morning.

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