Costco

Costco logs more than $42B in quarterly sales

Costco Wholesale Corp. on Wednesday reported $42.35 billion in sales for the first quarter, reflecting heightened consumer demand for the chain's food products and other merchandise as the coronavirus continued to spread this fall.

Costco's delivers big special dividend

The $4.4 billion payout, which will be made to shareholders of record as of Dec. 2, is the fourth special dividend issued by the board in the past eight years.