CNBC headline: Costco CEO’s one-word answer to whether he would raise the price of hot dogs: ‘No’
PUBLISHED MON, JUL 11 202210:06 AM EDTUPDATED 7 MIN AGO
https://www.cnbc.com/2022/07/11/costco-ceos-one-word-answer-…
Costco’s signature hot dogs won’t face a price hike, the club’s CEO, Craig Jelinek, told CNBC.
On CNBC’s “Squawk on the Street,” Jelinek said along with maintaining the price of the signature food court item, the retailer will keep membership fees the same for now.
On CNBC’s “Squawk on the Street,” Jelinek said along with maintaining the price of the signature food court item, the retailer will keep membership fees the same for now.
Costco has continued to put up big sales numbers even as other retailers have spoken of a weakening consumer and struggles with excess inventory.