Quotes: Costco’s Chief Financial Officer on Wholesale Shopping

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Shopping carts at a Costco store in Fairfax, Va.

LARRY DOWNING/Reuters/Corbis

“I think if there is a silver lining to this horrible economy over the last year and a half, it is that the warehouse clubs and us in particular, are the extreme value proposition. People are shopping with us more frequently than they used to.”

– RICHARD GALANTI, Costco’s chief financial officer, on his company’s 46-percent third-quarter profit (via The Associated Press)

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