The ¼-pound all-beef frank has been the same price since 1985.
Just two months into his tenure, Costco's new finance chief Gary Millerchip has provided an update on the price of the chain's iconic $1.50 hot dog and soda combo.
Speaking to CNN's Nathaniel Meyersohn, Millerchip said the price will be staying at the same place it has been since 1995."It's probably safe for a while," he told Bloomberg in March.He added that while Costco could easily make decisions that would bring in more money, the chain was happy to deliver the value its customers love."We generate more money than we need every year," he said.
In 2022, Galanti also said that Costco would leverage other parts of its business to keep the ¼-pound all-beef frank at $1.50 for as long as possible. "Some businesses that are doing well with margin ... those things help us be more aggressive in other areas, or, as you mentioned, hold the price on the hot dog and the soda a little longer — forever," he said.. We'll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024.
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