BNP Paribas Boosts Costco Stake as August Sales Grow
BNP Paribas increased its stake in Costco Wholesale by 523.4% during the second quarter, owning 2,107 shares after buying 1,769 more. Other large holders also added shares. Costco disclosed a quarterly dividend paid Aug. 7 and reported strong results, with fourth-quarter net sales up 11.3% to $93.9 billion and August sales up 9.9% supported by U.S. comparable stores and record digital growth.