Costco’s New CFO Reveals Fate of $1.50 Hotdog-Soda Combo Amid ‘Media Speculation’ and Soaring Earnings

As inflation continues to plague consumer prices, not all retailers are feeling the effects of changing consumer behavior.

Thanks to a slew of unique items, from outdoor swing sets to fancy cuts of meat, and standard inventory that has stayed true to low prices, Costco posted earnings for fiscal Q3 2024 on Thursday with revenue reaching $57.39 billion, a stellar 9.1% year-over-year increase.

“It’s a very healthy environment from what we see from our members right now,” said Costco CEO and President Ron Vachris on a call with investors.

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