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Costco CEO Vows $1.50 Hot Dog Price Won’t Change Under His Watch

A viral Instagram taste test delivers an on-record pledge reflecting Costco's financial strength.

Overview

  • Ron Vachris said in Costco’s Instagram video, “The hot dog price will not change as long as I’m around,” after tasting the quarter‑pound all‑beef combo.
  • The clip riffs on the recent CEO taste‑test meme and drew nearly 9 million views within a day, far outpacing Costco’s typical engagement.
  • Recent results cited in coverage show total revenue of $69.60 billion and higher membership fees, underscoring capacity to keep the deal intact.
  • The $1.50 combo has held steady through supplier shifts such as the food court’s switch from Pepsi to Coke reported last year.
  • Vachris’s promise follows former CFO Richard Galanti’s 2024 comment that the price was “probably safe for a while,” which had stirred uncertainty.