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Phew! COSTCO Chief Vows To Keep Hot Dog, Drink Deal At $1.50

At a glance

  • Costco’s signature hot dog and a drink deal won’t face a price hike, 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.
  • Costco has continued to put up big sales numbers even as other retailers have spoken of a weakening consumer and struggles with excess inventory.

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