https://external-preview.redd.it/zo2o3y3SoV42Aw77QIGA1Phsv6fmWbdkhWnBes1Z4ww.jpg?auto=webp&s=9547061259d50fb675f2c9a892487d570b03b2e9
A top Costco Wholesale executive confirmed the big-box retailer has **no plans to change the price of its $1.50 hot dog-and-soda combo at its stores despite months of decades-high inflation.**
**Costco CFO Richard Galanti reiterated the cheap price point on the fan-favorite deal would stay in place during the company’s fourth-quarter earnings call on Thursday.**
An analyst asked whether Costco was adjusting prices in other parts of its business to maintain sales margins for its hot dog-and-soda deal and other value offerings.
“Lightning just struck me,” Galanti joked when the combo was mentioned. He added that higher-margin businesses such as gas and travel sales help Costco maintain its value deals.
“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,” Galanti added.
Costco and other retailers have hiked prices over the last year, passing along the higher costs of commodities and goods to consumers. Inflation has slightly declined in recent months but was still hovering at a hotter-than-expected 8.3% in August.
Source: [https://nypost.com/2022/09/23/costco-to-keep-1-50-hot-dog-and-soda-combo-forever-despite-inflation-exec/](https://nypost.com/2022/09/23/costco-to-keep-1-50-hot-dog-and-soda-combo-forever-despite-inflation-exec/)
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The last time they brought this up, a few years ago I think, didn’t the CEO threaten to throw the guy out the window if he brought that shit up again?
Damn a hotdog combo holding the fucking line
Ah! My bi-weekly lunch is safe.
I don’t think Costco is losing any money on the hot dog I buy a minute after paying $290 at the register.
Welcome to Costco, I love you.
You don’t have to have a membership to eat at the cafeteria either. It is the cheapest fast food meal you can get. Sam’s club is cheap too. Gives me more money to blow in the market
Good guy Costco
One of the best companies in the world. I love Costco.
Costco has been trying hard for decades to keep the price of the hot dog at $1.50. It’s what they call in retail a lost leader. People come to Costco for cheap hot dogs, the cheap roasted chicken and cheap gas.
Last year they opened up a $30 million chicken processing plant to hold the cost of this lost leader as well. Every gallon of gasoline sold at Costco is sold for about 5¢ less than what they paid for it. Why do they sell gas below the price they paid for it? Because those same consumers spend an average of $400.00 a visit in the store in addition to filling up their tank.
Are they changing the price for the bag of wieners?
Costco is “what if capitalism went right”. They take very good care of their employees & customers.
Businessman’s special! Don’t mess with it!
Excellent! So I will eat my beef top ramen for breakfast and dinner all month then on my once a month splurge day I’ll have the hot dog combo at Costco! Rockin’
*costco chicken bake has entered the chat, angrily wielding a Chainsaw*
all is right with the world
At $4.50/day, my annual food budget is $1,642.50.
Thankfully Costco and other establishments also are still maintaining their dumpster infrastructure. My rent cost excluding cardboard is $0.00. This is the type of recession-proof strategy we need.
Doable.
But you will have more “dogs” in that hotdog
But ketchup upgrade now costs $3.
I’m sure they will make up for the dogs somewhere else lol
Like a hungry shark…give them a smell..that taste cost hundreds…every time..they shop…give it free and it’s a tax write off…nope its extra money to invest with first.
Not every Costco member eats the junky hotdog.
Does Costco have negative beta? Getting bullish in a bear market…
My lunch sounds bullish.
NOW YOU’RE TALKING DONT TOUCH MY DAMN HOTDOGS
Why would they? Its cheap marketing.
Yeah!
Maybe they’ll just shrink the weiner… Shave off half an inch and a little less girth. How many of you would even notice?
I want to see them raise it to 1.52
Get your hot dog calls
Remember, buy Costco puts then we storm Costco and buy their hot dogs into oblivion.
Chickenbake Stablecoin
This will singlehandedly bring inflation to 2%. The all mighty costco hotdog bows to no man, not even JPow and his fucking money printer.
Costco bun $.10, dog $.50, soda $.10. They’re still winning.
All prices based off Costco prices in my head last time I shopped there.
The hero we dont deserve but that we need!!
They deserve my support. Ditching Sam’s and going back to Costco!
Lucky you guys, IKEA increased the price of their saisages
So the answer to addressing and satisfying world hunger is to build more Costco’s. Somebody go dig up Sally Struthers.
You better be ready, when recession does come and everyone is out of a job. This will be packed with families..
Please… every time I come out of Costco my wallet is lighter by $500. Those hot dogs should be free if you ask me.
Better deal is to just eat all the free samples instead
Buy high sell low