Costco CEO says any tariff refunds it gets will flow back to members through 'lower prices and better values'

Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members. "Regarding tariff refunds, it is not yet clear what the process will be, what refunds, if any, will be received, and when this will happen," Vachris said during the wholesale clubs' quarterly earnings call on Thursday."When legal challenges have recovered charges passed on in some form to our members, our commitment will be to find the best way to return this value to our members through lower prices and bette ...