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March 2, 2005

Costco 2nd-Qtr Net Rises 35% on Tax Gain; Shares Fall

U.S. March 2 (Bloomberg) – Costco Wholesale Corp. said second- quarter profit rose 35 percent on a tax gain and lower heath-care costs. Sales growth slowed, sending shares of Costco down as much as 4.4 percent, the biggest drop in 19 months.
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