COST · News · 20260717N

Toaster Oven Recall

COSTCO WHOLESALE CORP /NEW · 2026-07-17 · Importance 40 · Surprise 42 · In source text

Over 11,000 Panasonic Electric Toaster Ovens (model NB-G200) sold nationwide through Costco and Amazon were recalled due to insufficient power cord insulation that poses a risk of shock or fire. The recall covers units sold at Costco across the U.S.; WANE 15 reported no injuries or fires but noted consumers experienced tripped circuit breakers as of July 17, 2026. Consumers are instructed to stop using affected ovens immediately and to contact Panasonic for a full refund, which will drive refund and reverse-logistics activity for Panasonic and potentially affect retailer returns processing. Reported unit volume (11,000+) suggests Costco's direct financial exposure is likely limited relative to its >$70 billion revenue base absent additional litigation or broader product issues, but the recall creates operational handling and customer-service costs for returned merchandise sold through Costco channels.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
liabilitynegativecontingentOver 11,000 Panasonic Electric Toaster Ovens, model number NB-G200, sold nationwide through Costco and Amazon, have been recalled.
operating_incomenegativecontingentOver 11,000 Panasonic Electric Toaster Ovens, model number NB-G200, sold nationwide through Costco and Amazon, have been recalled.