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Wednesday, Oct 10
2012, 7:27 AM
Costco (COST) fired on all cyclinders in FQ4 (I, II) with same-store sales in the U.S. and...
Costco (COST) fired on all cyclinders in FQ4 (I, II) with same-store sales in the U.S. and globally both clipping along at a healthy pace. Analysts note the retailer has struck a unique formula for success with below-market gas prices bringing consumers to its warehouse stores to save money where they are then happy to add to the company's coffers with higher membership fees. New vision centers and private-label products also helped boost sales and margins during the latest period. COST +2.2% premarket.