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Story summary
- Costco received $184 million in tariff refunds and reinvested them to lower member prices.
- CFO Gary Millerchip said the refunds were applied to everyday and non-food items that would most impact members.
- Costco reported earnings of $6.75 per share, with $0.15 per share attributable to tariff refunds.
- Fourth-quarter revenue rose to about $96 billion, an 11% increase year over year.
- Net income jumped nearly $3 billion, a 15% year-over-year rise.
