Costco tops quarterly sales, profit estimates on strong demand for cheaper groceries

Costco tops quarterly sales, profit estimates on strong demand for cheaper groceries

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FILE PHOTO: Shoppers load their car with bottled water at a Costco Wholesalers in Chingford, Britain (Reuters) -Costco Wholesale topped Wall Street estimates for quarterly sales and profit on Thursday, as more customers turned to its stores to shop for cheaper groceries and essentials, offsetting…

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