Costco Defies Tariff Shifts with Higher Profit, Lower Prices

Costco to source more Kirkland products in Canada to avoid tariffs

Costco is rerouting its supply chain and sourcing more of its in-house brands locally as the grocery chain looks to avoid tariffs.

Costco CEO explains how the chain kept prices low as tariffs and egg costs hit retailers hard

Customers exit a Costco Warehouse in Pennsylvania.Gene Puskar/APCostco rerouted some imports and found US-made alternatives in the wake of tariffs, executives said.The chain also dealt with higher butter and egg costs by taking a profit-margin hit on some items.Costco tracks key commodity prices "daily, and if not hourly," its CEO said.Shoppers have faced higher prices due to tariffs and bird flu this year.Costco, meanwhile, has worked to avoid …

Costco defies tariff shifts with higher profit, lower prices

Costco Wholesale Corp. posted better-than-expected earnings in the third quarter, a sign that the nation’s largest club chain is flexing its scale...

Costco Wholesale (NASDAQ:COST) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Costco Wholesale (NASDAQ:COST – Get Free Report) released its quarterly earnings results on Thursday. The retailer reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.24 by $0.04, RTT News reports. The business had revenue of $63.21 billion for the quarter, compared to analyst estimates of $62.93 billion. Costco Wholesale had a return […]

Costco Q3 sales jump 8%; ‘lowering prices’ where it can

Costco Wholesale Corp. posted better-than-expected earnings and sales for its third quarter as it continues to emphasize lower prices for its members.

FTSE 100 higher despite latest tariff twist, US rally fizzling out, M&G sparks excitement in insurance space with Japanese tie-up and Costco beats but lays out impact of tariffs