Costco beats earnings, revenue estimates
Membership Growth - Membership income increased by approximately 14% year-over-year, a key indicator of business performance [1] - Less than half of the increase in overall membership fees is attributed to the increase in what members pay [3] Tariff Mitigation Strategies - The company is offsetting tariffs by sourcing differently than before [1] - Introducing Kirkland brand alternatives to tariff-affected items [2] - Adjusting assortment by dropping items or ordering larger quantities from less affected manufacturers [2]