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"Costco reported strong quarterly earnings and sales, beating Wall Street's expectations. The company's net income rose to $1.80 billion, or $4.04 per share, and revenue increased to $62.15 billion. The company's membership fee revenue came in at $1.17 billion, exceeding expectations. Comparable sales for the company increased by 5.2% year over year, and e-commerce sales rose by 13%. The company's shares are up nearly 50% so far this year, surpassing the 27% gains of the S\u0026P 500."
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