December 7, 2016 / 9:24 PM / 8 months ago

Costco reports 3.2 pct rise in quarterly revenue

1 Min Read

Dec 7 (Reuters) - Warehouse club retailer Costco Wholesale Corp reported a 3.2 percent rise in quarterly revenue, helped by higher traffic in stores and higher sales of fresh foods.

Net income attributable to the company rose to $545 million, or $1.24 per share, in the first quarter ended Nov. 20, from $480 million, or $1.09 per share, a year earlier.

Total revenue rose to $28.10 billion from $27.22 billion. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Shounak Dasgupta)

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