With fears of disruption from port strikes and Hurricane Helene, some U.S. shoppers are stockpiling toilet paper, reminiscent of early pandemic hoarding behaviors.
Costco CFO Gary Millerchip confirmed heightened demand for everyday items and reassured that the company is working to replenish rapidly sold-out products.
Oppenheimer analyst Rupesh Parikh noted that behaviors in Costco stores are reminiscent of the pandemic’s onset, driven by supply concerns from port strikes.
Kroger imposed purchase limits on essential supplies like toilet paper and paper towels due to increased demand linked to supply chain worries.
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