Costco Outruns Tariffs With Supply Chain Agility, Price Cuts: 'It's About Lowering The Prices As Soon As We Can' - Costco Wholesale (NASDAQ:COST)
Summary by Benzinga
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Here's How Costco Plans to Avoid Tariff-Induced Price Hikes, According to the CEO
As many groceries are expected to become more expensive, Costco is focused on keeping prices down.Adrienne Bresnahan/Getty ImagesKey PointsTo dodge tariff-driven price hikes, Costco is rerouting goods to international markets and pre-stocking tariff-sensitive items ahead of schedule.The retailer’s size and streamlined inventory give it strong negotiating power with suppliers, helping limit cost increases passed on to shoppers.Costco has full con…
Costco Outruns Tariffs With Supply Chain Agility, Price Cuts: 'It's About Lowering The Prices As Soon As We Can' - Costco Wholesale (NASDAQ:COST)
During its latest earnings call, Costco Wholesale Corp. offered a preview into the inner workings of its pricing and supply chain operations.
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Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
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