Amid inflation and the looming tariffs, many companies are raising prices — but Costco is doing the opposite. Finally, there’s some good news when it comes to grocery shopping for essentials such as olive oil, dog food or toilet paper and paper towels.
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On a recent earnings call, Gary Millerchip, executive vice president and chief financial officer at Costco, shared that the warehouse club had lowered prices on several items over the past quarter. Like never before, Costco offers more savings than your local grocery store, as it works to reroute some imports to outrun tariffs and take profit-margin hits on some common items.
“Our goal is always to be the first to lower prices where we see the opportunities to do so,” he said.
Here are a few Costco items that just got cheaper.
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Kirkland Signature Batteries
Shopping at Costco just got a charge as Kirkland Signature Alkaline AAA and AA batteries dropped from $17.99 to $15.99. This is a good deal on an everyday item, and now it offers you an even better way to save money.
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Butter and Eggs
Though prices of these will still vary by location, Costco has made it a part of their business model to not only avoid increasing the prices on these pantry staples but also lower them when possible. Costco selling these items at a loss definitely provides a challenge for the company and its shareholders, but CEO Ron Vachris knows these items have a large “halo effect” on the costs of other goods that require them as ingredients. He also knows the long-term value of lowering prices and finding tariff work arounds.
Kirkland Signature Sauvignon Blanc
Costco is known for its affordable wine and liquor options, and its house-brand sauvignon blanc just got even more affordable. Millerchip announced that the price had been reduced from $7.49 to $6.99. This Kirkland Signature Marlborough Sauvignon Blanc is a perfect summer white, filled with tropical fruit flavors, vibrant lemon-lime citrus notes and crisp acidity, so it’s sure to make a splash at any backyard barbecue.
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Costco has always offered a wide variety of name-brand items in addition to its Kirkland Signature brand, and Millerchip announced that Costco has recently added even more major brands to its lineup — Peloton, Wrangler, Springfree Trampolines and Ruggable.
There’s good news for foodies, too. Millerchip announced that more international food items are available at the warehouse club, including Synear Pork Soup Dumplings, Sona Masoori Rice and Hot Pot Beef Sliced Chuck Rolls.
Gabrielle Olya contributed to the reporting for this article.
Editor’s note: Pricing and availability may vary depending on location.
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This article originally appeared on GOBankingRates.com: These 3 Costco Items Just Got Cheaper
