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• Costco Wholesale reported that its second quarter net profit was down 16 percent to $249.5 million, down from $296.2 million from the same period a year ago. Revenue at the Issaquah, Wash., company grew 7.5% to $15.11 billion from $14.06 billion a year earlier; same-store sales were up five percent.

• BJ’s Wholesale Club reports that its fourth quarter profit was down 77 percent compared to last year, to $11.9 million from $51.6 million. Revenue for the quarter was up 13 percent to $2.43 billion from $2.14 billion a year ago; same-store sales were up 1.5 percent.

For the year, earnings fell 44 percent to $72 million from $128.5 million. Revenue grew seven percent to $8.48 billion from $7.91 billion last year.
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