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Excluding a benefit from the recognition of deferred revenue, the quarter's sales were $919 million.
While total profits rose strongly last year, trading profits at the John Lewis department stores and Waitrose supermarkets, excluding a benefit from lower pensions accounting charges, were up just 1.9%.
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Current evidence does not definitively support or exclude a benefit of this magnitude, but ongoing randomized trials have sufficient statistical power to do so.
Excluding a tax benefit, that matched the analysts' average estimate.
Excluding a tax benefit of 7 cents a share, the company earned 54 cents a share for the quarter.
Net sales, excluding a $57 million benefit from changes in foreign exchange rates, grew 24percentt compared with 2003.
Excluding a tax benefit from a special cash dividend, Costco earned $1.10 a share, beating the analysts' average estimate of $1.06, according to Thomson Reuters.
The company said it earned 18 cents per share, excluding a tax benefit and a gain on a securities sale.
Excluding a tax benefit, the company said it would have earned 32 cents per share in the latest quarter.
Excluding a tax benefit of 5 cents per share the retailer's earnings of 90 cents per share were in line with expectations.
Even excluding a tax benefit of seven cents per share, profit still would beat the average Thomson First Call estimate of 49 cents, as well as income of 43 cents in the prior-year quarter.
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