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Costco: Why Sterling Sales Weren’t Good Enough

Costco Wholesale's (COST) same-store sales demonstrated once again that its business model is relatively immune to the forces unleashed by Amazon.com (AMZN) and other online retailers. And it just doesn't matter.

Costco said that same-store sales grew by 6.2% in July, beating estimates for 5.3%, while revenue rose 8.8% to $9.4 billion. Its shares, however, have fallen...


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