Costco to Lower Prices Following $184 Million Tariff Refund

Key Facts

1Costco received $184 million in tariff refunds.

2The company plans to use most of the refunds to lower prices on everyday items including food and beverages.

Costco Wholesale Corp received $184 million in tariff refunds and plans to use the majority of these funds to lower prices for its members, the New York Post reported. The price cuts will target everyday items including food, beverages, home furnishings, and hardware. CEO Ron Vachris stated during an earnings call that the company is reinvesting these dollars to deliver value back to its membership base.

COST closed at $922.765 on September 25, 2026, after trading between a session high of $925.1 and a low of $883.1. CFO Gary Millerchip noted that the refund consisted of $174 million in principal and $10 million in interest, describing the windfall as a nonrecurring item that will continue to influence financial results into fiscal year 2027.