The announcement was made during a shareholder's meeting last week and the change will be implemented this summer.

“I also want to confirm the $1.50 hot dog price is safe,” Millerchip stated. The iconic combo meal has maintained its $1.50 price tag since the 1980s.

Aficionados of Costco's famous $1.50 hot dogs will once again be able to top off their cheap treats with a Coca-Cola after more than a decade of unavailability at the discount retailer, its CEO says.

Costco plans to shakeup its legendary $1.50 hot dog combo. In Thursday’s annual shareholder meeting, the beloved wholesale warehouse shared that it plans to update its legendary $1.50 hot dog combo meal with Coca-Cola after around 12 years of serving Pepsi.

Costco will begin stocking Coca-Cola products in the food courts of its warehouse stores beginning this summer, replacing the PepsiCo drinks sold since 2013.