Costco increases the prices of soft drinks from food court, chicken baking
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Costco has reportedly raised the prices of two of its dishes.
According to Business Insider, the national price increases for chicken bread and 20-ounce sodas were confirmed by a place in Rochester, New York, as well as dishes elsewhere.
The chicken cake is now selling for $ 1 more than in June, at $ 3.99.
The price of the soda has increased by 1[ads1]0 cents, up to 0.69 dollars.
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Customers are waiting in line to order under the sign for the Costco Kirkland Signature sausage and soda combination of $ 1.50, which has kept the same price since 1985 despite consumer price increases and inflation, at the dish outside a Costco Wholesale (PATRICK T. FALLON / AFP via Getty Images / Getty Images)
According to research compiled by Wells Fargo ahead of the Fourth of July holiday – using data from Urner Barry, the US Department of Agriculture (USDA) and Nielsen and the Bureau of Labor Statistics – chicken prices have risen this year.
The retail prices for wings and chicken breast are up 38% and 24.3% respectively.
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| COST | COSTCO WHOLESALE CORP. | 501.54 | +6.59 | +1.33% |
The bank said that soft drink prices are also up 13% from last year, in addition to competing beverage favorites.
MIAMI, FLORIDA – SEPTEMBER 28: A consumer purchases at a Costco store on September 28, 2021 in Miami, Florida. (Photo: Joe Raedle / Getty Images / Getty Images)
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Last week, Costco Wholesale Corporation reported net sales of $ 22.78 billion for the June retail month.
New York City, New York, USA June 29, 2015: A shopping cart in a Costco store (iStock / iStock)
That is an increase of 20.4% from $ 18.92 billion last year.
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For the 44 weeks ended July 3, 2022, the company reported net sales of $ 188.34 billion, or an increase of 16.9% from $ 161.09 billion in the same period in 2021.
The retail giant did not immediately return FOX Business’ request for comment.
