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• Costco reported net sales of $5.57 billion for the month of January, an increase of 7 percent from $5.21 billion in the same five-week period last year. Total company same store sales were up two percent for the period.

• Stater Bros. said yesterday that its first quarter net income increased 300 percent, from $3.3 million a year ago to $9.9 million this year – a jump that the company attributed to declining expenses and improved margins.

Sales rose 4.3 percent to $904 million in the quarter. Same-store sales increased 1.4 percent.
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