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Reports: Costco to expand headquarters
New York -- Costco Wholesale Corp. will expand its Issaquah, Wash., headquarters, according to published reports on Friday.
The Seattle Daily Journal of Commerce reported Friday that Issaquah's director of economic development, Keith Niven, said the club retailer would expand the headquarters to take up as much as 1.5 million sq. ft.
The Tacoma, Wash., News Tribune reported that the company currently takes up three buildings that are full.
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Hibbett scores high on earnings, sales in Q4
BIRMINGHAM, Ala. — Hibbett Sports reported that net sales for the fourth quarter increased 14% to $217.4 million compared with $190.7 million for the same period last year. Comparable-store sales increased 4.9% on a 13-week to 13-week period.
Net income for the quarter increased 22.3% to $19.4 million compared with $15.8 million for the same period last year. Earnings per diluted share increased 23.7% to 73 cents for the quarter compared with 59 cents for the same period last year.