NEW YORK -- Costco Wholesale
The latest quarter includes a tax benefit of 14 cents a share.
Net sales in the second quarter rose 8.2% to $24.34 billion. Including membership fees, net revenue was $24.87 billion.
Same-store sales in the quarter jumped 5%.
Analysts were expecting earnings of $1.06 a share on revenue of $25.13 billion.
VeriFone warned last month that first-quarter earnings and revenue would be below expectations. He said many of the troubles were "self-inflicted," and could lead to possible executive changes.
"Now is the right time for new leadership to take the baton and continue to drive the company forward," Bergeron said in a statement Monday.
The company's sales in China have been hurt in recent months by a food scare over its chicken suppliers.
Yum! owns KFC, Taco Bell and Pizza Hut restaurants.
At least two other strategic buyers, Danaher
Life Technologies is valued at $12.5 billion.
Revenue in the quarter rose to $856.8 million from $730.6 million.
Analysts were expecting earnings of 57 cents a share on revenue of $850.5 million.
-- Written by Joseph Woelfel
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