How Costco is addressing tariff changes in early 2026
CEO Ron Vachris opened his address to investors on Costco’s fiscal Q2 earnings call by discussing tariff changes and potential refunds.
“The future impact of tariffs remains extremely fluid as the recently eliminated IEEPA tariffs have now been replaced with new global tariffs for at least the next 150 days,” he said. “Our buyers continue to act with great agility and urgency, always with the goal of reducing the impact of tariff on prices for our members.”
In its fiscal Q2, Costco lowered prices on what Vachris called “key items.” Those included eggs, cheese, coffee and some paper products as the retailer saw lower inflation on those commodities, he said.
“We will continue to be a pricing authority and as some tariffs have been reduced, we are lowering prices on affected items such as certain textiles, bedding and cookware SKUs,” Vachris said.