Costco Wholesale (COST) PT Lifted to $165 at Cowen

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Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal 2015 and February Sales Results

March 5, 2015 3:01 AM EST

ISSAQUAH, WA -- (Marketwired) -- 03/05/15 -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) announced today its operating results for the second quarter (twelve weeks) and first half (24 weeks) of fiscal 2015, ended February 15, 2015.

Net sales for the quarter increased four percent, to $26.87 billion, from $25.76 billion last year. Net sales for the first half increased six percent, to $53.16 billion, from $50.22 billion last year.

Comparable sales for the twelve-week and twenty-four-week periods were as follows:

12 Weeks 24 Weeks ------------ ------------ U.S. 4% 5% International -2% -1% Total 2% 3% ============ ============

Comparable sales for these... More