Costco has announced its better than expected operating results for the first quarter of 2015, which ended on Nov. 23, 2014.
The wholesale retailer has reported a seven per cent increase in net sales from US$24.47 billion last year to US$26.28 billion this year. Its net income this quarter was US$496 million or $1.12 per diluted share, according to a press release from the company.
