Forget Hot Dogs and Rotisserie Chickens: This Is Costco's New Hot Product
Benjamin Franklin wrote, "Nothing is certain except death and taxes." But warehouse-style retail chain Costco Wholesale (NASDAQ: COST) is making a strong case for two more certainties.
Costco's combo meal for a hot dog and a soda costs $1.50, and its rotisserie chicken costs $4.99. These prices haven't changed since 1984 and 2009, respectively, even though inflation has sent the price of everything else soaring during this time.
Whether it's their price stability or just how tasty they are, these foods have given Costco an extraordinary fanbase. The company sells over 150 million hot-dog combos annually, which reportedly outpaces combined hot-dog sales across all of Major League Baseball.
Source Fool.com
