Costco NZ reports maiden profit as it gears up for expansion
The international retailer reported a $9.6m profit in the year ended August 31 in New Zealand.
Costco reported higher revenue of $385m, up from $361.5m
Costco New Zealand has gone from loss to profit as it gears up for North Island expansion.
Financial statements just reported to the Companies Office show the international grocery retailer’s local subsidiary made a profit of $9.6 million in the 52 weeks ended August 31, 2025. That compared with
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