Costco Confirms $1.50 Hot Dog Combo Price Will Remain Unchanged

New CFO Gary Millerchip reassures investors and customers that the iconic price will not increase despite inflation.

Costco's $1.50 hot dog and soda combo has been a staple since 1985.
The company's new CFO, Gary Millerchip, emphasized the price stability during his first earnings call.
Maintaining the low price is part of Costco's strategy to offer value and attract customers.
Costco has adapted its supply chain over the years to keep the combo affordable.
The retailer's membership model, with over 133 million members, is crucial to its profitability.