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Costco Shares Slide on Earnings Miss Despite Sales Increase

Costco posted a disappointing earnings report despite a 5% rise in sales as the company was forced to cut prices on some products. The wholesale retailer earned $0.96 a share, a nickel below forecasts. TheStreet's Debra Borchardt has details from New

http://www.wgrz.com/video/2924062118001/1/Costco-Shares-Slide-on-Earnings-Miss-Despite-Sales-Increase http://cdn.newslook.com/27/27ebc87e62e414b9f0d27015bf492056/images/frame_0013.jpg Costco Shares Slide on Earnings Miss Despite Sales Increase Costco posted a disappointing earnings report despite a 5% rise in sales as the company was forced to cut prices on some products. The wholesale retailer earned $0.96 a share, a nickel below forecasts. TheStreet's Debra Borchardt has details from New FinancenewslookDebra Borchardtcostco wholesale corporationcost 01:29

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