Waffle House drops its egg surcharge

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"Waffle House Eliminates Egg Surcharge Following Price Decline"

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Waffle House, the popular breakfast chain known for its 24-hour service, has made a significant change that will be welcomed by its customers: the removal of the egg surcharge that had been in place since February. The surcharge, which added 50 cents to each egg sold, was implemented due to a dramatic increase in egg prices caused by a bird flu outbreak that severely impacted poultry production. This surcharge was particularly notable as eggs are Waffle House's most-ordered menu item, with the restaurant chain serving an impressive 272 million eggs annually. In contrast, the chain sells fewer hash browns and waffles, at 153 million and 124 million respectively. Thus, the surcharge was a considerable impact on the pricing of their core offerings, reflecting broader trends in the food industry related to supply and demand dynamics.

As spring approached, egg prices began to decline, with a reported decrease of 12.7% in April. The USDA indicated that the price for a dozen large white-shell eggs dropped to below $3, providing relief to consumers and food service operators alike. U.S. Agriculture Secretary Brooke Rollins highlighted the government's efforts to improve biosecurity and stabilize egg prices, which have started to yield positive results for families across the country. While egg prices remain higher than they were a year ago, the recent reductions have allowed Waffle House to lift the surcharge. The company announced the news via social media, stating, "Egg-cellent news…as of June 2, the egg surcharge is officially off the menu. Thanks for understanding!" With over 2,000 locations nationwide, this decision marks a positive shift for both Waffle House and its loyal customers, who can now enjoy their favorite breakfast items without the extra cost associated with eggs.

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Waffle House had a welcome announcement for customers of its round-the-clock breakfast offerings: it has officially taken its egg surcharge off the menu.

The Georgia-based chain that maintains an eerily accurateindex for natural disastersmay also now be providing a barometer for America’s food prices. The soaring price of eggs due to a severe outbreak of the bird flu ledWaffle House to add a 50-cent surcharge to every egg it sold in February.

It was a hefty surcharge for the chain’s most-ordered item: Waffle House says on its website it serves 272 million eggs a year (that’s more than its 153 million hash browns and 124 million of its namesake waffles).

After months of surging egg prices, they finally began fallingin the spring. Egg prices fell 12.7% in April, and the USDA reported that a dozen large white-shell eggs now cost less than $3.

“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,” said US Agriculture Secretary Brooke Rollins in a statementlast week.

The BLS said egg prices were still more expensive than they did a year earlier, but the decline was enough for chains like Waffle House to cut their surcharges.

The chain operates more than 2,000 restaurants.

“Egg-cellent news…as of June 2, the egg surcharge is officially off the menu. Thanks for understanding!,” the company said in an X post Tuesday.

CNN’s Jordan Valinsky and David Goldman contributed to this report.

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Source: CNN