Costco Wholesale Corp. sales surged in its latest quarter, as the warehouse chain continued to benefit from a strong economy and shopper interest in everything from bulk toilet paper to discounted branded clothes. Same-store sales, which the company defines as those at stores open for more than a year, grew 8.8% in the quarter, on par with what analysts expected and driven by an 11% comparable-sales increase in the U.S.Traffic...

Source: Wall Street Journal December 13, 2018 22:14 UTC