Costco exec says company received $184 million in IEEPA tariff refunds in Q4
COST•A Costco executive said the company received $184 million in IEEPA tariff refunds in Q4 and had already received a similar amount in Q1 of FY2027.
1. Tariff refunds and costs
A Costco executive said the company received $184 million in IEEPA tariff refunds in Q4 and had already received a similar amount in Q1 of FY2027. The executive also cited higher non-foods inflation in Q4, predominantly due to memory costs in consumer electronics, gas and petroleum-based items.
