Costco is lowering prices on several popular Kirkland Signature products as the warehouse retailer continues to benefit from strong consumer demand and growing sales. The price reductions were highlighted during the company’s third-quarter earnings call, where executives also discussed fuel supply challenges, tariff refunds and ambitious expansion plans.
Costco CFO Gary Millerchip said the company remains focused on passing savings to shoppers whenever possible. “Our goal is to be the first to lower prices where we see opportunities to do so,” he said during the earnings discussion.
Four Popular Kirkland Products Get Cheaper
The latest round of price cuts affects products across multiple categories. Kirkland Signature Crispy Wings were reduced from $16.99 to $14.99, while Kirkland Signature Milk Chocolate Almonds dropped from $19.99 to $18.99.
Costco also lowered the price of Kirkland Signature Golf Balls from $32.99 to $29.99. Meanwhile, Kirkland Signature King Size Sheets saw one of the largest reductions, falling from $89.99 to $79.99.
While these lower prices were announced during the earnings call, some shoppers have reported that Costco’s website does not yet reflect every reduction. The retailer notes that warehouse pricing may vary by location.
The pricing changes come as Costco continues to post impressive financial results. The company reported net sales of $69.15 billion during the third quarter, an increase of 11.6% compared with $61.96 billion during the same period a year earlier.
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Strong Sales Support Expansion Plans
Costco currently operates 931 warehouses worldwide, including 639 in the United States, 115 in Canada and 43 in Mexico. The retailer also serves customers through e-commerce platforms in markets including the United States, Canada, Mexico, the United Kingdom, Australia, China, Japan, South Korea and Taiwan.
Executives said Costco plans to open approximately 26 new warehouses during fiscal 2026 and expects to add 30 or more locations annually in the years ahead, reflecting confidence in continued membership growth and consumer demand.
Fuel Demand, Tariff Refunds and Legal Challenges
Costco CEO Ron Vachris said the ongoing Iran war has had a significant impact on both product supply and gas prices. To maintain fuel availability, Costco’s gas operations team has been making multiple deliveries each day to many locations. Vachris noted that some consumers visited Costco for the first time specifically to purchase fuel. The increase in traffic reflects a broader trend in which more consumers are relying on Costco gas stations amid rising fuel prices, helping drive additional visits to its warehouses.
The company also provided an update on tariff-related refunds. Following a Supreme Court ruling that allowed businesses to seek refunds for certain import duties, Costco has started submitting claims and expects approved refunds to arrive on a rolling basis over the next two to three months.
Executives said those refunds could ultimately help support lower prices for shoppers, although the exact impact remains unclear. At the same time, Costco is facing a class-action lawsuit filed by customers in March alleging that the retailer passed illegal tariff costs on to consumers.
For members, the immediate benefit is easier to see. Four widely purchased Kirkland products now cost less, reinforcing Costco’s reputation for value as it navigates supply-chain pressures, fuel demand and broader economic uncertainty.
Readers can review Costco’s official earnings information through the Costco Investor Relations website.
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