Costco's CFO is stepping down. Please tell us the $1.50 hot dogs are safe.

Tue, 02/06/2024 - 20:13

Customers wait in line for Costco hot dog with sign showing the hot dog visible over their heads — Customers wait in line to order below signage for the Costco Kirkland Signature $1.50 hot dog and soda combo, which has maintained the same price since 1985.
PATRICK T. FALLON/AFP via Getty Images

Costco CFO Richard Galanti once said the company's $1.50 hot dog and soda combo was "forever."
Now, he's leaving.
With the 30-year veteran out, who will protect Costco's affordable dogs?

Richard Galanti, Costco's CFO of nearly 40 years, is stepping down next month, the company announced Tuesday.

By many, he'll be remembered for his fierce dedication to the $1.50 price tag on a hot dog and soda combo at the warehouse club's food court — an unreal value that has been the same since 1985.

During a 2022 earnings call, Galanti told analysts that the price of the combo will remain steady "forever."