Your summary is probably how a lot of US businesses handled this but I don’t think this is quite how Costco responded to the tariffs. They really seemed to try to foot the bill for the tariffs where they could. Especially on produce and staples.
Of specific note from your article is them reporting holding food prices in place during shareholder updates.
Costco is a business, and so they’re not your friend. But they’re one of the few businesses that seems to recognize that long term customer goodwill is more valuable than a few percent on next quarters balance sheet, so they don’t deserve disdain either.
Your summary is probably how a lot of US businesses handled this but I don’t think this is quite how Costco responded to the tariffs. They really seemed to try to foot the bill for the tariffs where they could. Especially on produce and staples.
https://www.msn.com/en-us/money/companies/costco-sues-the-trump-administration-seeking-a-refund-of-tariffs/ar-AA1Rw1WS
Of specific note from your article is them reporting holding food prices in place during shareholder updates.
Costco is a business, and so they’re not your friend. But they’re one of the few businesses that seems to recognize that long term customer goodwill is more valuable than a few percent on next quarters balance sheet, so they don’t deserve disdain either.
THEY ALSO treaty thier employees pretty well to, they stay there for long term, and i heard its quite hard to get hired because of that.