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Story summary
- Ron Vachris, Costco CEO, said Costco will return tariff refund values to members during a quarterly earnings call.
- The process and timing of these refunds remain unclear.
- Costco is among many companies suing the U.S. government for refunds on overturned tariffs.
- Vachris described steps to mitigate tariff impacts, including changing countries of origin and focusing on Kirkland Signature.
- Costco has reduced prices on textiles and cookware.
