“It really depend on there would not be a carryover from current inflation into 2026. But if inflation was to rise again, that could create a higher life LIFO charge in '26 or a lower LIFO charge if if tariffs reduced.”

How to check this claim

Look at: LIFO charge (LIFO reserve change) reported for fiscal year 2026

It came true if: FY2026 LIFO charge higher than FY2025 LIFO charge if inflation accelerates; lower than FY2025 LIFO charge if tariff-driven cost pressure eases

Where: Company 10-K/quarterly earnings release, LIFO reserve/charge disclosure

Verify independently

SEC filings for COST ↗ · Claim quote is verbatim from the 2025Q3 earnings call.