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Coscto earnings beat expectations and rose 39%. Proving you can pay above average wages and pull in high profits.

Costco - CS Monitor

Costco's fiscal second-quarter net income climbed 39 percent as it pulled in more money from membership fees, sales improved and it recorded a large tax benefit. The wholesale club operator earned $547 million, or $1.24 per share, for the period ended Feb. 17. That compares with $394 million, or 90 cents per share, a year earlier.

 

Amazon Delivers on Revenue but Not on Profit

The company reported net income of $7 million, or 1 cent a share, on sales of $12.8 billion. It was less profit than analysts had estimated, but the revenue was in line with forecasts.

 

RadioShack reports second quarter loss, suspends its dividend to shareholders

RadioShack Corp. said today that it’s eliminating its dividend to shareholders as it reported a second quarter loss. The Fort Worth-based consumer electronics retailer reported a net loss of $21 million, or 21 cents a share, compared with a profit of $24.9 million, or 24 cents a share a year ago. Total sales increased 1.2 percent from a year ago and same-store sales were flat.

 

Barnes & Noble Posts Loss

Barnes and Noble

Barnes & Noble posted a loss for its fiscal fourth quarter on sales that barely inched higher. The loss, while narrower than the one a year earlier, was larger than expected and revenue growth fell short of hopes. Sales of the Nook e-reader fell.

 

Target's 4Q profit declines 5.2 percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.

 

Best Buy Net Drops 30%

Best Buy's profit fell 30% as same-store sales continued to slide. The electronics retailer also revised its full-year earnings view.

 

Retail Earnings: High End Up, Low End Down

Big Lots posts decline in quarterly profit, Tiffany shows gain.

 

Amazon profit falls 32.8 percent though sales soar

Amazon.com Inc reported that first-quarter sales rose 38.2 percent, above analysts' forecasts.

 

Retailers Report Strong Holidays

Zale, Tiffany book revenue gains over key shopping season.

 

Wal-Mart posts 9.3% rise in 3Q profit

Wal-Mart Stores Inc. is reporting a 9.3 percent increase in third-quarter net income as the world's largest retailer benefits from cost controls and a robust international business.

 

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