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Benzinga
Benzinga
Business
Adam Eckert

Costco Shares Are Climbing Higher: Here's Why

Costco Wholesale Corp (NASDAQ:COST) shares are trading higher Thursday after the company reported March net revenue results that were higher year-over-year.

Costco reported $21.61 billion in March revenue, representing an 18.7% increase year-over-year. For the 31 weeks ended April 3, the company reported net revenue of $130 billion, representing an increase of 16.7% from the same period last year. 

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