- 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.