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Costco's 1Q Results Show Double-Digit Sales, Earnings Gains
ISSAQUAH, Wash ¿ Strong showings by food and sundries and fresh foods helped Costco bring in a 10 percent increase in net sales for the first quarter of fiscal 2005, to $11.34 billion from $10.31 billion during the first quarter of fiscal 2004. On a comparable warehouse basis, net sales increased 7 percent for the club chain.