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Costco Stock Hit a Record High Subsequent to Revealing Income

than-expected earnings and revenue.

Deals of food and different things including gold bars helped support its outcomes.

Costco reported a unique money profit of $15 per share because of be paid on Jan. 12.

Costco (COST) shares moved more than 4% to a record high in intraday exchanging

Galanti noted Costco President Craig Jelinek will step down toward the year's end following 10 years in control

Portions of Costco were up 4.8% Friday as of around 12:20 p.m. ET and have acquired than 45% year-to-date.

He also commented on the popularity of its gold bars, with Costco shipping $100 million of gold in the quarter.