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Number Sense: Rollercoaster egg prices serve up a double whammy for grocers
['Sam Silverstein']
Grocery Dive - Latest News
Egg prices are on a roll.
Grocery king Walmart is also dealing with headwinds from the sharp decline in egg prices over the last year and a half.
The rise and fall of egg prices has done more than just weaken top-line sales for grocers.
Hamory also pointed out that declining egg prices are not only impacting the revenue grocers take in but also their gross margins, which are a key measure of performance.
“That means egg price competitiveness can ultimately determine which retailer wins or loses hundreds of dollars in annual household spend.”