SpartanNash CEO describes how the wholesaler tries to keep egg prices down [CNBC]
SpartanNash Company (SPTN)
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Source: CNBC
“Eggs have been a little bit of a challenge the last two years,” Sarsam said. “It is a constant, constant effort to kind of get the right pricing.” SpartanNash CEO Tony Sarsam gave CNBC's Jim Cramer a read on the egg pricing landscape and explained how the grocery wholesalers and retail store operator tries to keep costs to customers down. “Eggs have been a little bit of a challenge the last two years,” Sarsam said. “It is a constant, constant effort to kind of get the right pricing.” As the highly contagious and deadly bird flu spreads through farms across the U.S., wholesale egg prices have skyrocketed past record levels this year — and some retailers like Trader Joe's and Costco have put limitations on consumers' egg purchases. Earlier this month, CNBC reported that the average wholesale prices for large, white shell eggs hit $8 a dozen, substantially beating the previous record, according to data from agricultural commodity price tracker Expana. Sarsam said “it's a compli
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