It has been reported that revenues of Costco Wholesale Corp.'s mounted to 46 percent in the economic third quarter, since there was a rise in both sales and membership revenue.

On Thursday, the principal U. S. wholesale club operator said that there were earnings of $306 million, or 68 cents per share, which is up from $210 million, or 48 cents per share, in the preceding year. Profits increased
12 percent to $17.78 billion.

According to Thomson Reuters, analysts projected 66 cents per share and $17.63 billion in profits for the quarter, which ended May 9.

Sales profits increased 12 percent to $17.39 billion, and membership profits rose 20 percent to $395 million.

It was said by the Issaquah, Wash., firm that it gained $14 million from a fractional turnaround of a tax charge. And in the previous year it paid $34 million to resolve a lawsuit.

According to Costco, sales profit at stores open at least a year rose 10 percent. Exclusive of increased costs of gas and alterations in currency exchange rates, those sales mounted 4 percent.

It is said that during the end of the quarter, 568 warehouses were run by Costo.

Costo is said to have sites in U. S., Canada, Mexico, the United Kingdom, Korea, Taiwan, Japan, and Australia.

It has been said by Costco that it intends to set up five more sites by Aug. 29, the end of its economic year.