In avideo annoucement, Waffle House CEO Joe Rogers III announced that the company would be raising its prices.

Our menu prices in a rural town are relative to competitors menu prices in that rural town.

So we may not have as much room to increase prices as we have in a large city.

Waffle House

Credit:PATRICK T. FALLON/AFP via Getty Images

Waffle House expects to raise base pay within the next two years to $5.25.

This is the single largest additional investment in our workforce in the entire 68-year history of Waffle House.