Egg Costs News Today

Consumer Reports has sifted through egg labels to reveal what they actually mean and whether it's worth paying a premium for them.

As utilities, facilities and so forth?" what do you think, jon? >> well, typically food cost runs about 30%. operations that push it, can get it down to 27%, 28% of food sales, but youre not going to get a food cost to run much better than that typically. but theres also an issue of value. you know, guests have perceived value. when a plate hits the table, whats it worth to them in perception, and then theres absolute value. if the restaurant across the street is selling a hamburger for $8, its ...

About 30%. operations can get it down to 27%, 28%. the food sales. but youre not going to get a food cost to run much better than that typically. but theres also an issue of value. guests have perceived value. when a plate hits the table whats it worth to them in perception? then theres absolute value. if the restaurant across the street is selling a hamburg burger for $8, its going to be difficult to sell it for $12 if you dont have a better perceived experience. >> i want to follow up on that,...