business news in context, analysis with attitude

• Costco reports that its third quarter profit dropped 4.9 percent to $224 million, from $235.6 million in the year-earlier period. Q3 net sales reached $14.34 billion from $13.01 billion, with same-store sales up seven percent.

• Dollar Tree Stores reported that its Q1 net income was up 16 percent to $38.1 million, compared to $32.9 million during the same period a year ago. Q1 sales were up 14 percent to $975 million.
KC's View:
Yes, we’re getting tired of the “soon-to-be-renamed” reference, too. But we just haven’t picked a winner.

Next week, we promise.