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Reuters: Profit down at Costco, BJ's posts a gain

Started by chris, March 04, 2009, 03:59:15 PM

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Profit down at Costco, BJ's posts a gain
      
   
      


NEW YORK (Reuters) - An aggressive effort to win market share by slashing prices took a toll on Costco Wholesale Corp as the No. 1 U.S. warehouse club posted lower quarterly profit the same day smaller rival BJ's Wholesale Club Inc reported better-than-expected results.<div class="feedflare">
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