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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| March 03, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

RETAIL/APPAREL

Costco results, views disappoint

The warehouse club earned 54 cents a share ex items in Q2, up 13% but a penny under views. Revenue rose 9.6% to $12.66 bil. Comparable-store sales rose 7%. Costco said that views for Q3 and the year were at the high end of its expectations. Shares fell 3.5% to 45.02.

AutoZone cost-cutting boosts net

The auto parts retailer earned $1.29 a share ex items in Q2, up 24% and 10 cents over views as it cut operating expenses and benefited as an early '04 dip in gas prices spurred more consumer ...

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