Costco Wholesale’s Fiscal Q1 Earnings, Revenue Rise

Costco Wholesale (COST) reported fiscal Q1 earnings Thursday of $3.58 per diluted share, up from $3.07 a year earlier.

Analysts surveyed by Capital IQ expected $3.42.

Revenue for the quarter ended Nov. 26 was $57.80 billion, up from $54.44 billion a year earlier.

Analysts surveyed by Capital IQ expected $57.79 billion.

The company said its board set a special dividend of $15 per share, payable Jan. 12 to shareholders of record on Dec. 28.

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