More on Costco (COST) FQ1: net profit +30% to $416M. Membership fee revenue +14.3% to $511M...

|About: Costco Wholesale Corporation (COST)|By:, SA News Editor

More on Costco (COST) FQ1: net profit +30% to $416M. Membership fee revenue +14.3% to $511M after it raised U.S. and Canadian membership fees 10% last year. Comparable sales +7%, boosted by gasoline prices and forex fluctuations, with U.S. +7%, international +9%. Costco operates 621 warehouses, including 448 in the U.S. and Puerto Rico. Plans to open outlet in Korea before the end of the month. (PR)