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Reuters: Profit down at Costco, BJ's beats view with food sales

Started by chris, March 04, 2009, 05:59:13 PM

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Profit down at Costco, BJ's beats view with food sales
      
   
      


NEW YORK (Reuters) - Costco Wholesale Corp posted a lower profit as it slashed prices aggressively to win market share, while smaller rival BJ's Wholesale Club Inc topped Wall Street expectations by luring shoppers with fresh food and prepared meals .<div class="feedflare">
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