Costco raises prices on food court soft drinks, chicken bake

Wholesale retailer Costco reported June net sales of $22.78B

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.

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Costco food court line is seen in California

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 despite consumer price increases and inflation, at the food court 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 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. 

Ticker Security Last Change Change %
COST COSTCO WHOLESALE CORP. 846.28 -4.49 -0.53%

The bank said that soda prices are also up 13% from last year, as well as competing beverage favorites.

A shopper at Costco

MIAMI, FLORIDA - SEPTEMBER 28: A consumer shops in a Costco store on September 28, 2021 in Miami, Florida. (Photo by Joe Raedle/Getty Images / Getty Images)

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Last week, Costco Wholesale Corporation reported net sales of $22.78 billion for the retail month of June. 

Costco shopping cart

New York City, New York, U.S. June 29 2015: A shopping cart in a Costco store (iStock / iStock)

That marks 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 during the same period in 2021.

The retail giant did not immediately return FOX Business' request for comment.