Costco says it's been buying up extra inventory as tariff uncertainty looms

Costco delivered strong quarterly revenue driven by increased store visits but missed profit expectations.CEO Ron Vachris said the company would work to minimize any cost increases from tariffs.The company added 1 million new paid memberships and increased renewals to 93% in the US and Canada.Costco delivered strong quarterly revenue as shoppers turned to the wholesale club to deliver value in the face of high prices elsewhere. However, the results missed analyst expectations for earnings per share and Cost ...