Costco’s departing chief financial officer has weighed in on whether customers might see changes to its long-standing $1.50 price for the hot dog and soda combo.
The warehouse retailer hasn’t increased the hot dog and soda combo’s cost in the roughly four decades it has offered it, thanks to a pledge from its founders, according to FOX Business.
On Tuesday, Costco CFO Richard Galanti told Bloomberg that the deal “is probably safe for a while” after his nearly 40-year tenure ends on Friday. Former Kroger CFO Gary Millerchip will succeed Galanti.
The retiring CFO previously faced questions about maintaining the combo’s price tag.
In September 2022, when inflation was much higher than its current level, Galanti said the margin on its gas and travel businesses “help us be more aggressive in other areas or … hold the price on the hot dog and the soda a little longer, forever.”
Meanwhile, Costco has made some recent changes to food options at its food courts. The retailer stopped offering its churro and added a chocolate chip cookie in its place, Galanti revealed on March 7 during Costco’s second-quarter earnings call. The cookie costs $2.49.
Read more here from Fox 32 News.
