Egg Costs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 you're not going to get a food cost to run much better than that typically. but there's also an issue of value. you know, guests have perceived value. when a plate hits the table, what's it worth to them in perception, and then there's absolute value. if the restaurant across the street is selling a hamburger for $8, it's going to be difficult to sell it for $12 if you don't have a better perceived experience. >> i ...

About 30%. operations can get it down to 27%, 28%. the food sales. but you're not going to get a food cost to run much better than that typically. but there's also an issue of value. guests have perceived value. when a plate hits the table what's it worth to them in perception? then there's absolute value. if the restaurant across the street is selling a hamburg burger for $8, it's going to be difficult to sell it for $12 if you don't have a better perceived experience. >> i want to follow up on that, this is about brand too? >> absolutely. >> you can sell the same thing for one price or anoth...