Company Update: Costco Wholesale Corporation (NASDAQ:COST) – Higher operating expenses pinch Costco profit

[Reuters] – Costco Wholesale Corp reported a first-quarter profit and sales that fell short of analysts’ estimates, hurt by a rise in operating expenses. Shares of the warehouse club operator, which sells everything . . . → Read More: Company Update: Costco Wholesale Corporation (NASDAQ:COST) – Higher operating expenses pinch Costco profit Similar posts: Company Update – Lowes Companies Inc. (NYSE:LOW) – Stocks edge higher following retail sales increase 3M Company (NYSE:MMM) – 3M Co profit rises 6 pct as sales grow Microsoft to slash 5,000 jobs, misses on 2Q profit