Navigating Higher Food Costs as Burger Season Begins

Watch on YouTube ↗  |  May 23, 2026 at 14:31  |  7:39  |  Bloomberg Markets

Summary

Wayback Burgers President Patrick Conlin discusses the start of burger season, rising food costs, and the company's performance. He notes that sales have been up since March despite a slow previous year, and that the company has locked in yearly contracts for core ingredients, minimizing near-term price impacts. The conversation also covers menu innovation, including chicken nuggets, and the seasonality of the fast-casual business.

  • Wayback Burgers sales have increased since March 2025.
  • The company locked in yearly contracts for core ingredients, limiting cost pass-through to consumers.
  • Beef supplier provided a minimal price increase this year, reducing pressure on franchisees.
  • Wayback Burgers introduced chicken nuggets and wraps as value-oriented menu additions.
  • The fast-casual chain has a seasonal peak from after Valentine's Day through October.
  • Fuel surcharges from distributors have not materially impacted delivery costs yet.
  • Consumer spending on dining is seen as resilient compared to discretionary items like coffee.
  • 85% of Wayback Burgers' entrees are beef burgers despite chicken menu items.
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