Waffle House drops 50-cent egg surcharge
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Waffle House drops 50-cent egg surcharge
Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular breakfast food have stabilized. The company blamed an egg shortage caused by highly pathogenic avian influenza (HPAI) for the dramatic increase in egg prices. With more than 1,900 locations in 25 states, predominantly in the Midwest and the South, Waffle House said it hoped “these price fluctuations will be short-lived”
The chain announced the “egg-cellent news” on X, writing in a post that “the egg surcharge is officially off the menu” and thanking its customers for understanding.
The egg surcharge went into effect in early February.
At the time, the company blamed an egg shortage caused by highly pathogenic avian influenza (HPAI) — or bird flu — for the dramatic increase in egg prices, saying that “consumers and restaurants are being forced to make difficult decisions.”
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“Rather than increasing prices across the menu, this is a temporary targeted surcharge tied to the unprecedented rise in egg prices,” the company had said, adding that eggs will remain a key ingredient in its menu.
With more than 1,900 locations in 25 states, predominantly in the Midwest and the South, Waffle House said it hoped “these price fluctuations will be short-lived.”
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U.S. Secretary of Agriculture Brooke Rollins said last week that “When President Trump entered office, the cost of eggs was at a record high, seriously denting consumers’ wallets after years of awful inflation.
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“On my first day as Secretary, we got to work to implement a five-pronged strategy to improve biosecurity on the farm and lower egg prices on grocery store shelves. The plan has worked, and families are seeing relief with egg prices driving food deflation in the April Consumer Price Index,” she added.
FOX Business’ Daniella Genovese contributed to this report.
Waffle House drops egg surcharge from its menu
Waffle House is dropping its temporary 50-cent surcharge for eggs from the menu, effective immediately. The surcharge was implemented in February because of the egg shortage driven by the bird flu, also known as highly pathogenic avian influenza (HPIA) The average national price of eggs peaked at above $8 a dozen toward the end of February.
The Norcross, Ga.-based casual-dining chain initially implemented the surcharge in February because of the egg shortage driven by the bird flu, also known as highly pathogenic avian influenza (HPIA).
At the time, Waffle House had decided to implement a surcharge rather than increase prices across the menu and clarified that the company will continue to use “grade A large eggs” in its menu items, despite the shortage, “as long as they are available.”
According to USDA data, the average national price of eggs peaked at above $8 a dozen toward the end of February this year and has since declined rapidly as the avian influenza outbreak improved. By the end of June, egg prices stabilized to around $2.54 per dozen, though since January caged chicken flocks have declined by 15% nationally.
This improvement on the availability and wholesale pricing of eggs over time appears to be the result of the USDA’s five-pronged strategy to combat the bird flu outbreak, as rolled out in March.
“Egg prices are falling, farmers are getting the relief they need, and we are seeing meaningful progress in the fight against avian flu,” USDA Secretary Brooke Rollins said in a March statement.
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Source: https://www.foxbusiness.com/economy/waffle-house-drops-50-cent-egg-surcharge