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Waffle House drops egg surcharge as prices fall back to Earth

Waffle House drops egg surcharge as prices fall back to Earth

Summary

Waffle House has removed a 50-cent extra charge on eggs as egg prices have dropped to more normal levels. The surcharge was first added in February due to an avian flu outbreak that led to higher egg prices. Retail egg prices are still higher than last year but are starting to stabilize.

Key Facts

  • Waffle House removed a 50-cent surcharge on eggs due to falling prices.
  • The surcharge was added in February after avian flu raised egg prices significantly.
  • The avian flu caused the destruction of many egg-laying chickens.
  • Egg prices, while stabilizing, are still over 40% higher than they were a year ago.
  • Waffle House announced the surcharge removal via social media.
  • The chain operates over 2,000 restaurants and uses approximately 272 million eggs each year.
  • Other breakfast chains, like Denny's, also added charges when eggs were scarce.
  • Overall, food prices have risen 2.9% over the past year, with restaurant prices increasing by 3.8%.

Source Information