Costco says its $1.50 hot dogs and $4.99 chickens are helping members stomach the annual fee increase

Damian Dovarganes/AP

• Costco says it hasn't seen a meaningful drop in sign-ups or renewals after the member fee increase was announced.
• CFO Gary Millerchip attributed the tolerance of the hike to the company's inflation-busting efforts.
• "We've stayed true to our principles of really trying to help the member and deliver the value," he said.

Costco says members have largely shrugged off the latest fee increase.