Costco Q3 Profit Rises - Quick Facts

(RTTNews) - Costco Wholesale Corp. (COST) reported that its third-quarter (twelve weeks) net income to company increased to $473 million or $1.07 per share, from $459 million or $1.04 per share, prior year.

On average, 25 analysts polled by Thomson Reuters expected the company to report profit per share of $1.09 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $25.23 billion, compared to $23.55 billion, previous year. Total revenue increased to $25.79 billion from $24.08 billion. Analysts expected revenue of $25.76 billion for the quarter.

Comparable sales were up 4%. Excluding negative impacts from gasoline price deflation and foreign exchange, Comparable sales increased 6% during the quarter.