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