Costco Confirms $1.50 Hot Dog Combo Price is Here to Stay
TL;DR
Costco's new CFO, Gary Millerchip, confirmed during his first earnings call that the price of the $1.50 hot dog and soda combo will remain unchanged, dispelling recent speculation. This price has been stable since the mid-1980s, despite previous comments from former CFO Richard Galanti suggesting a potential increase. The company has managed to maintain this price by manufacturing its own hot dogs and leveraging revenue from other business sectors. Costco reported a 9.1% increase in sales for Q3 2023, exceeding expectations.
- Costco exec makes major announcement about $1.50 hot dog combo KTLA Los Angeles
- Costco gives update on $1.50 hot dog, soda combo staple Fox Business
- Costco’s $1.50 hot dog price is ‘safe’ CNN
- Inflation can’t touch the Costco hot dog combo The Hill
- Costco doesn’t raise membership fees, says $1.50 price for hot dogs is safe MarketWatch
Want the full story? Read the original reporting
Read on KTLA Los Angeles