Recently at costco. Especially when you look relative to other retailers. This is something we have been seeing. Comparable sales up six percent. Especially impressive given what we have seen in the First Quarter given so many retailer said weekly results were due to the weather. Sams club is comparable sales, down half percent. Walmart down 2 10 of one percent. Among the big discount retailers, this is the only one that has seen an increase in comparable sales. Not only an increase, but a big increase. On the other hand, shareholders meet did meet estimates. It seems like a combination of different factors. Higher preopening expenses for some of its stores, accelerated some of its store openings. Fewer shares in the quarter contributed to some of it as well. Membership fee income, which may have been due large part to courtesy currency headwind. Areall, we see the shares down 7 10 of one percent. Commentary i have seen has not been that negative, saying essentially weak numbers are in
With this deal. Qwest that sounds disturbing. That sounds disturbing. It sounds interesting. It appears he is heading to the fed. The former bank of italys governor has except the job of vice federal chair reserve. Why is everyone excited about there is probably nobody more respected, nobody better known. He is not a household name but he sure is in this perfection. Profession. Nolan freeman and the whole game , he went back to m. I. T. And taught there. It is sort of the driving force behind economics today. He went on to be the number two person at the International Monetary fund. Finally finished as the Bank Governor in israel. He ran the bank during the Global Financial crisis. Has been his pupil. These are the superstars of economic. It is an impressive resume. Not be the chairman . He was a possibility for the job at the time. The president was handed in by the hold janet young and Larry Summers back and forth very he did not really get a chance to get in there. He was not americ