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Costco
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- 1Costco receives $184 million in tariff refunds▼Costco receives $184M in tariff refunds, says most will go toward lower costs for members
Costco has received $184 million in tariff refunds and says the bulk of the money will go toward lowering costs for its members. The refund follows US trade policy shifts that prompted the government to return duties collected on certain imports. The warehouse retailer, known for keeping prices low, says the windfall will help reduce prices on affected goods rather than boost profits.
- 2Costco Posts Higher Fourth-Quarter Profit and Revenue●Costco Reports Higher Fourth-Quarter Profit, Revenue on Resilient Consumer Spending
Costco reported higher profit and revenue for its fourth quarter, driven by resilient consumer spending despite ongoing concerns about the economy. The warehouse retailer's results suggest shoppers continue to spend steadily on groceries and other goods, reinforcing its reputation as a defensive performer. Analysts and investors are weighing the results as a signal of overall consumer health heading into the final months of the year.