Costco has reported financial results for the fourth quarter and financial year ended August 28. Net sales hit $27.59 billion, up 17% from in the prior year period. Notably, this year’s fourth quarter figures included those from the retailer’s Mexican joint venture; otherwise the rise in sales would have been up 14%. Net sales for the financial year were $87.05 billion including Mexican sales, an increase of 14% from last year.
Net income for the fourth quarter was $478 million, and $1.46 billion for the fiscal year.
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