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Stock impact report

Fast food chicken chain nearly gone after 1,000 stores close [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Costco , for example, which has become well-known for selling an entire rotisserie chicken for $4.99, did not actually start selling the popular item until 1994. "The famous $4.99 chicken made its official Costco debut in 1994. Aside from a brief dollar increase in 2008 during the Great Recession, Costco has remained committed to keeping the chicken's price steady despite ongoing inflation ," according to Eat This, Not That The warehouse club actually loses money selling its popular chicken. But Rose Sioson, founder of Deliciously Rushed and an avid Costco shopper, thinks Costco more than makes up for it just by getting customers through the door for that value chicken. “Costco may technically lose money on each rotisserie chicken they sell, but trust me —they're not losing when it comes to what I buy next,” Sioson told. “That chicken usually ends up in a cart with salad kits, ready-made mashed potatoes, a bottle of wine, maybe a dessert, and some random item I had zero intenti Show less Read more
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