Published October 3, 2016

Low commodity costs come at the right time

When it comes to business and commodity costs, commodity cost often go up and down through the years instead of staying in a fixed spot. However it is always a great thing when the commodity costs do finally hit the low mark. This article offers you the insight and a more in depth look into how low commodity costs have come at just the right time.

Key Takeaways:

  • Restaurants faced a dual threat of lower sales and higher labor costs in the first half of 2016.
  • Prime costs — food and labor — were flat on the year at 59.2 percent of revenues, according to the bench marking study. That’s the same as in the first half of last year.
  • Lower beef costs, in particular, have brought down historically high costs that led many chains to raise menu prices.

“Commodity costs certainly helped out”

http://nrn.com/blog/low-commodity-costs-come-right-time

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