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Golden Corral adds cheaper pork as buffet costs rise

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Story summary
  • CEO Lance Trenary said Golden Corral arranges roughly 150 buffet items into modules to balance costly and cheap dishes.
  • When beef prices rose, the chain added a pork chop priced at roughly 40% of sirloin.
  • Food costs consume 38 cents of each dollar, keeping dinner buffets under $20.
  • Rising food and other expenses make the all-you-can-eat model harder to sustain despite drink sales.