U.S. retailer Costco Wholesale Corp
Costco, which sells bulk packages of everything from diapers to detergent, said profit was $312 million, or 71 cents per share, in the fiscal first quarter ended November 21, compared with $266 million, or 60 cents per share last year.
Analysts on average forecast a profit of 69 cents per share, according to Thomson Reuters I/B/E/S.
Last week, Costco, the largest U.S. warehouse club operator, said sales in the quarter rose 11 percent to $18.8 billion.
Sales at stores open at least a year rose 7 percent, helped by higher gasoline prices, the company said.
Issaquah, Washington-based Costco stock closed at $69.64, after touching a 52-week high of $70.06, on Tuesday.
(Reporting by Abhinav Sharma in Bangalore; Editing by Dan Lalor)