Costco on Thursday said it received $184 million in tariff refunds in the company’s fourth quarter, the majority of which were reinvested into lower pricing for members shopping at the retail giant’s warehouses.

The big box retailer said that the lower pricing from tariff refunds was applied to a range of everyday items, including food and beverages, as well as other product categories.

Costco CEO Ron Vachris said on the company’s earnings call that the company “received some initial tariff refunds in the fourth quarter, and we reinvested some of these dollars to give value back to our members.”

“This was predominantly through price reductions…

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