Will Costco say “Tariff”?

Costco said “Tariff” 17 times on its Sep 24, 2026 call (FY26 Q4), and on each of its last 8 calls: 4, 7, 27, 17, 6, 14, 6, 17 times. As of Oct 24, 2026, Costco said “Tariff” on 5 of 5 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (100%), most recently on Sep 24, 2026. Parrot’s p for the next listing is 96% (n=5, from settlement history blended with transcripts), not a forecast.

96%from settlement history blended with transcripts · n=5Next: Earnings call, Dec 10, 2026 · counts: company speakers + operator
Last 10
5/5Last 10 settled, oldest to newest: yes yes yes yes yes
Streak
said the last 5 times
Counts
company speakers + operator
Market
85¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Costco

Tariff

Probability
96% · n=5
Settled
5/5 (100%)
Last calls
said in 8 of 8

Next listing counts: company speakers + operator

FY26 Q4 earnings call, Sep 24, 2026 · said 17 times (counts)

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Counts: company speakers + operator

17 counted (10 in prepared remarks, 7 in Q&A); 3 by speakers the rule does not count.

Ron Vachriscompanyprepared · 8:11Hear it 8:09, Ron Vachris In transcript

…over time, they grow into higher-spending members. Finally, I'll touch briefly on tariff refunds, and Gary will share more details later in the call. As…

Gary Millerchipcompanyprepared · 9:50Hear it 9:44, Gary Millerchip In transcript

…results include a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received in the quarter, less partial reinvestment of those refunds in…

Every match in the transcript

FY26 Q3 earnings call, May 28, 2026 · said 6 times (counts)

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Counts: company speakers + operator

6 counted (4 in prepared remarks, 2 in Q&A); 3 by speakers the rule does not count.

Ron Vachriscompanyprepared · 3:19Hear it 3:13, Ron Vachris In transcript

…more with us in the warehouse. We're closely monitoring the longer-term inflationary impacts of higher oil prices, as well as the future impacts of tariffs.

Ron Vachriscompanyprepared · 3:47Hear it 3:46, Ron Vachris In transcript

…new Kirkland Signature items in the third quarter. On the topic of tariffs, we've started submitting our refund claims for the IEEPA tariffs. We are…

Every match in the transcript

FY26 Q2 earnings call, Mar 5, 2026 · said 14 times (counts)

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Counts: company speakers + operator

14 counted (10 in prepared remarks, 4 in Q&A).

Ron VachriscompanypreparedIn transcript

…before turning it back over to Gary. Let me start by addressing tariffs, as I know this topic is of great interest to our members…

Every match in the transcript

FY26 Q1 earnings call, Dec 11, 2025 · said 6 times (counts)

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FY25 Q4 earnings call, Sep 25, 2025 · said 17 times (counts)

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FY25 Q3 earnings call, May 29, 2025 · said 27 times (counts)

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FY25 Q2 earnings call, Mar 6, 2025 · said 7 times (counts)

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FY25 Q1 earnings call, Dec 12, 2024 · said 4 times (counts)

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Every settled listing

newest first · 7 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Sep 24, 2026TariffPolymarketYes20
Sep 24, 2026TariffKalshiYes17
May 28, 2026TariffKalshiYes6
Mar 5, 2026TariffKalshiYes14
Dec 11, 2025TariffPolymarketYes6
Dec 11, 2025TariffKalshiYes6
Sep 25, 2025TariffKalshiYes17

Questions

How many times did Costco say “Tariff” on its last earnings call?
Costco said “Tariff” 17 times on its Sep 24, 2026 call (FY26 Q4), and on each of its last 8 calls: 4, 7, 27, 17, 6, 14, 6, 17 times.
How often does Costco say “Tariff”?
As of Oct 24, 2026, Costco said “Tariff” on 5 of 5 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (100%), most recently on Sep 24, 2026.
What is the probability Costco says “Tariff” next time?
96%, from settlement history blended with transcripts (n=5). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Costco: ‘Tariff’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COST/words/tariff (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=costco&word=tariff · quotes: /api/v1/quotes?entity=costco&word=… · columnar JSON in #parrot-data · llms.txt · MCP