Costco has reportedly raised the prices on two of its food court items.
According to Business Insider, the national price hikes on its chicken bake and 20-ounce soda were confirmed by a location in Rochester, New York, as well as food courts in other locations.
The chicken bake now sells for $1 more than in June, at $3.99.
The price of the soda has increased by 10 cents, up to $0.69.
According to research compiled by Wells Fargo ahead of the Fourth of July holiday – using data from Urner Barry, the U.S. Department of Agriculture (USDA) and the Nielsen and Bureau of Labor Statistics – chicken prices have soared this year.
Retail prices for wings and chicken breasts are up 38% and 24.3%, respectively.
The bank said that soda prices are also up 13% from last year, as well as competing beverage favorites.
Last week, Costco Wholesale Corporation reported net sales of $22.78 billion for the retail month of June.
That marks an increase of 20.4% from $18.92 billion last year.
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 during the same period in 2021.
The retail giant did not immediately return FOX Business’ request for comment.
[Written in collaboration with other media outlets with information from the following sources]
