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Non-Tech : Costco, slow but sure?
COST 854.50-0.9%Jan 2 9:30 AM EST

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To: WalleyB who wrote (873)3/4/1999 10:59:00 AM
From: Carmine Cammarosano   of 1147
 
ISSAQUAH, Wash.--(BUSINESS WIRE)--March 4, 1999--Costco Companies, Inc. (Nasdaq:COST) announced today its operating results for the second quarter (12 weeks) and first half (24 weeks) of fiscal 1999, ended February 14, 1999.

Net sales for the second quarter of fiscal 1999 increased 14% to $6.48 billion from $5.70 billion during the second quarter of fiscal 1998. On a comparable warehouse basis, that is warehouses open at least a year, net sales increased by 10%.

Net income for the second quarter of fiscal 1999 increased 21% to $152.0 million, or $.66 per share (diluted), from $126.0 million, or $.56 per share (diluted), during the second quarter of fiscal 1998.
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