Costco reinstated limits on products, including toilet paper.
The COVID-19 Delta variant may be partly responsible, but Costco’s CFO stated that there were other factors that contributed to the decision to limit the number of items customers could purchase.
“The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw materials and ingredients, labor cost pressures and truck and driver shortages,” CNN reports Costco CFO Richard Galanti said during a call with investors Thursday.
In addition to toilet paper, CNBC says Costco is placing limits on paper towels, cleaning supplies and bottled water.
Galanti claimed that Costco is taking steps to avoid shortages. This includes ordering earlier. CNBC reports that Galanti also stated to investors that Costco has chartered three more in order to ship more goods from Asia.