Costco Addresses Supply Chain Pains By Chartering Their Own Ships

Costco Addresses Supply Chain Pains By Chartering Their Own Ships

Costco is managing unprecedented supply chain issues by chartering its own ocean vessels to ... [+] transport goods from Asia to the U.S. and Canada. (Photo by Mario Tama/Getty Images)

Costco beat Wall Street expectations, with third quarter revenue up 17% and comparable store sales up 9.4% when it reported third quarter results, yesterday. Demand for home furnishings, sporting goods and jewelry was particularly strong, they reported.