Costco Wholesale is preparing for potential tariffs, which CFO Gary Millerchip acknowledges will create uncertainty regarding their impact. To mitigate costs, the company plans to adjust inventory buying, collaborate with vendors, and explore alternative goods and product options. Although tariffs typically increase expenses, Millerchip believes they affect all competitors similarly. He also noted that a smaller portion of Costco’s business relates to imports. Additionally, shopping trends indicate a mix of demand for both lower-priced and premium meat cuts, reflecting consumer price sensitivity, especially as food inflation diverges between home and restaurants.

Source: https://www.supplychaindive.com/news/costco-pull-forward-inventory-buys-tariff-Donald-Trump/735722/