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Costco Outruns Tariffs With Supply Chain Agility, Price Cuts: 'It's About Lowering The Prices As Soon As We Can'
Friday, May 30, 2025 - 7:18am | 726During its latest earnings call, Costco Wholesale Corp. (NASDAQ:COST) offered a rare preview into the inner workings of its pricing and supply chain operations that help the retail giant and its customers stay ahead of the economic turbulence. What Happened: During its third quarter earnings call...
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Costco CEO Says It Is 'Well Equipped' To Mitigate Trump's Tariffs, But Warns Of Inflation Impact On Consumers: 'When It Rains, It Rains On Everyone'
Friday, March 7, 2025 - 4:31am | 716Costco Wholesale Corp. (NASDAQ:COST) reported a mixed second quarter, acknowledging the impact of tariffs on its business but remained confident to mitigate challenges using its global buying power and supplier relationships to reduce price increases. What Happened: Acknowledging the impact of...
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Costco Warns That Tariffs Raise Prices, Trump Team Says Trade Policies Will 'Make Life Affordable'
Tuesday, December 17, 2024 - 1:54pm | 915Retailer Costco Wholesale Corporation (NASDAQ:COST) is the latest company to warn about the impact tariffs imposed by President-elect Donald Trump could have on higher prices for consumers. What Happened: Costco beat analyst estimates for revenue and earnings per share in the first-quarter...
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Costco Hires New CFO, But Don't Expect $1.50 Hot Dog Combo Price To Change
Tuesday, February 6, 2024 - 1:06pm | 854Leading retailer Costco Wholesale Corporation (NASDAQ:COST) announced a new chief financial officer Tuesday who will be tasked with leading the company's financials and improving revenue and profitability. One item the new CFO likely won't be able to change is the price point of a popular item at...
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What To Make Of Longtime Kroger CFO's Retirement
Tuesday, December 18, 2018 - 3:27pm | 575Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...