Costco Wholesale Corp. posted strong fiscal third-quarter results on May 29, stating that it is navigating the evolving economic environment by collaborating closely with vendors and global suppliers to mitigate the impact of tariffs and inflation on costs.
During the company’s conference call with analysts after market close, Costco CEO Ron Vachris said the retail giant, with nearly 1,000 warehouse locations worldwide, is leveraging its size by shifting production and sourcing to other countries where it makes sense to do so.
