Costco tops earnings, revenue estimates, as warehouse club gains more members
https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2025/09/25/costco-cost-q4-2025-earnings.html?amp_js_v=0.1&_gsa=1#webview=1&cap=swipe
On the company's earnings call, CFO Gary Millerchip said the retailer has worked hard to offset higher tariff costs. In some cases, it has introduced new items from its Kirkland Signature private-label brand as alternatives to goods hit by tariffs, he said. About a third of Costco's U.S. sales come from imported goods.
Costco is also changing its merchandise assortment in some cases, he said, such as buying more U.S.-made items or leaning into categories with less tariff exposure like health and beauty.
He said overall inflation remained in the low- to mid-single-digit range, with food price increases similar to last quarter.