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The Latest Breaking News from Ron Vachris

Costco CEO promises the $1.50 hot dog isn't going away: 'The price will not change as long as I'm around'

The $1.50 combo hasn't changed since 1985. In a K-shaped economy where everything costs more, that's not just a deal—it's a statement.

Fortune

Costco's CEO rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title,’ is the career advice that got him there

Even without a college degree, Costco CEO Ron Vachris rose from the warehouse floor to the corner office—guided by his father’s advice.

Fortune

Costco Beats Revenue Estimates as Record Gas Volumes Drive Member Traffic. AI Could Power the Next Leg Higher for COST Stock.

Costco beat Q3 revenue estimates, with record gas volumes, digital growth, and rising memberships signaling durable long-term strength for COST stock investors.

Barchart

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Trump plans to appeal order allowing all importers that paid struck-down tariffs to seek refunds

Businesses big and small have started receiving refunds after the U.S. Supreme Court ruled that President Donald Trump improperly imposed some tariffs on imported goods

AAP

Trump moves to block wider tariff refunds, appeals order covering all importers

In a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to challenge the ruling that mandates refunds for all firms, a move that may hinder the momentum. To date, billions have been returned to companies, and the total could rise.

The Economic Times

Costco Wholesale Q3 Earnings Call Highlights

Costco Wholesale (NASDAQ:COST) reported higher fiscal third-quarter earnings and sales as strong gasoline demand, continued membership growth and gains in digital sales supported results, executives said on the company’s earnings call. Gary Millerchip, Costco’s executive vice president and chief fi

MarketBeat

Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans

As companies like Meta and Amazon use AI to justify headcount reductions, Costco is doubling down on $1.50 hot dogs and humans at the cash register.

Fortune

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Costco CEO promises the $1.50 hot dog isn't going away: 'The price will not change as long as I'm around'

The $1.50 combo hasn't changed since 1985. In a K-shaped economy where everything costs more, that's not just a deal—it's a statement.

Fortune

Costco is being sued by a customer who wants tariff money back

Other companies, such as FedEx, have promised to return tariff refund money to customers who paid higher prices

The Independent UK

Costco defied Trump’s DEI directive as Target and Walmart scaled back. Business is booming

Many companies have dialed back their DEI programs since January 2025, but not Costco.

Fortune

Costco Uses Competitor-Inspired Technology to Make Stores Faster and More Efficient

Costco is using new technology and smarter store layouts to make shopping faster and more efficient for members.

International Business Times

Will 2026 Mark a Turnaround for Costco?

Despite a challenging year for Costco, 2026 should produce more alluring gains as the company looks to build on its strong underlying fundamentals.

MarketBeat

Costco May Make More Kirkland Signature Products To Offset Tariff Costs

Costco (NASDAQ:COST) may produce more items under its Kirkland Signature brand to offset tariff-induced costs, company officials said recently.

Benzinga

Costco sees more growth for its $31.9 billion real-estate empire and is expanding production of its famous inflation-busting hot dog combo

In 2025, Costco sold over 245 million hot dog combos, over 157 million rotisserie chickens, and “enough bath tissue to reach the moon and back over 200 times.”

Fortune

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Fortune

Costco executive promises the hot dog and drink combo will never cost more than $1.50—and here's why

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after wanting to hike it.

The Independent UK

Costco members sound off as Pepsi-to-Coke switch begins nationwide

‘We will be converting our food court fountain business back over to Coca-Cola,’ Costco CEO Ron Vachris said in January

The Independent UK

Faith-based activist groups celebrate after Costco bails on selling abortion pill

‘They have nothing to gain and much to lose by becoming abortion dispensaries,’ Alliance Defending Freedom Legal Counsel Michael Ross said

Fortune

Costco’s CEO started his career as a forklift driver. Now he’s leading a $254 billion giant rising up the Fortune 500

Ron Vachris is only the third CEO in company history.

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Fortune

Costco takes a page from rival Sam's Club to speed up checkout in its warehouses with 'Scan & Pay'

Sam’s Club launched an early version of its Scan & Go technology in 2013.

International Business Times UK

'Give a Fair Contract or Else': 18,000 Costco Workers Prepare to Strike Over Pay and Conditions

Thousands of Costco workers are set to strike after the retailer rejected nearly all union demands, escalating a major labour dispute over pay, benefits, and working conditions.

Fortune

These Fortune 500 CEOs climbed from entry-level to corner office at their companies

Meet 11 Fortune 500 CEOs who spent their entire careers at the companies they now lead.

Fortune

Costco's membership fee hike is the new CFO's first big move—but it was all part of a master plan

The new CFO was a rare outsider to join Costco's C-suite.

Salon

Costco accused of “greedflation”

A new analysis found that Costco reported consistently high profits while raising store prices

Fortune

Costco CEO promises the hot dog and drink combo will never cost more than $1.50

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after suggesting a change

Fortune

Costco's new CEO reveals his winning strategy to steer the legacy retail brand into its next era—'we can’t become arrogant'

Vachris began his career as a forklift driver at Price Club, a company that would later merge with Costco.

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