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


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)

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