Shake Shack's CEO, Rob Lynch, reported during the company's fourth-quarter earnings call that rising egg prices, reaching an all-time high of $4.95 per dozen, will affect the wider restaurant industry. With a significant rise in egg prices due to a bird flu outbreak and supply issues, many chains reliant on eggs for breakfast items will likely pivot towards more beef and chicken products. Shake Shack, with limited egg exposure in its menu, remains insulated from this crisis, although competitors like Chick-fil-A and McDonald's may face challenges in their breakfast offerings.
I mean we don't have a breakfast business, a big breakfast business. So we don't have the exposure to eggs.
Other restaurant companies that have exposure to eggs may be moving away from eggs in the time being, which means they are going to offer more beef products or chicken products...
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