Costco CEO vows $1.50 hot dog combo price stability

Some things never changetraffic is always annoying; the rent is alway too high; a Philadelphia sports event will never be chill. And Costco will always offer its signature hot-dog-and-drink combo for $1.50, the same price its been for nearly four decades, regardless of who heads the retailer or what else it sells.

The legendary wiener, along with Costcos nearly-as-famous $5 rotisserie chicken, are foundational to the warehouse chains success, Richard Galanti, who recently stepped down as chief financial officer, told Fortunes Phil Wahba in a recent deep dive into the warehouse clubs stunning success. This commitment highlights Costco's unwavering dedication to low prices, cementing its reputation as a go-to retailer for budget-conscious shoppers.

Galantis successor as CFO, Gary Millerchip, this week reiterated that commitment. I also want to confirm the $1.50 hot dog price is safe, Millerchip told CNN reporter Nathaniel Meyersohn, according to an X post. This promise assures customers that they can continue to enjoy the beloved combo without breaking the bank, showcasing Costco's customer-centric approach to business operations.