Costco has implemented various strategies to mitigate tariff impacts, including advancing purchases of seasonal goods, rerouting products from high-tariff countries, and increasing its store brand offerings. Despite tariff-driven inflation affecting some staple items like bananas, Costco has chosen to absorb some costs to maintain prices for members, while passing on increases for discretionary items like flowers. CEO Ron Vachris emphasized the company’s agility in adjusting to evolving tariffs and maintaining supplier relationships, contributing to strong financial performance amidst a volatile economic landscape.
Source: https://www.supplychaindive.com/news/costco-held-prices-tariff-impacted-bananas-cfo-says/749580/