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2022 Super Bowl Party Costs May Be Up 14%, According to Wells Fargo Super Bowl Food Report


Wells Fargo & Company (NYSE: WFC):

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220128005058/en/

Wells Fargo Super Bowl Food Report (Graphic: Wells Fargo)

Wells Fargo Super Bowl Food Report (Graphic: Wells Fargo)

What:

Wells Fargo Chief Agricultural Economist Dr. Michael Swanson analyzed the impact of rising food prices on the typical Super Bowl spread and estimates costs will be 8% -14% higher this year, depending on the shopping list.*

Why:

Food inflation is at a multi-decade high. The best way to keep expenses for the big game under control is to stick with snacking staples that have undergone the most moderate increases, like veggies, chips, and avocados. This report breaks down the grocery shopping list by segment and offers tips for keeping costs low.

Where:

Find more on Wells Fargo’s Food for Thought Blog: The Cost of Your Super Bowl Party May Be Up 14% - Wells Fargo (wf.com).

Video news release with commentary from Dr. Swanson and infographic

*Bureau of Economic Analysis retail food spending data series

View source version on businesswire.com: https://www.businesswire.com/news/home/20220128005058/en/

Wells Fargo & Co. Stock

€54.06
-0.370%
Wells Fargo & Co. shows a slight decrease today, losing -€0.200 (-0.370%) compared to yesterday.
We see a rather positive sentiment for Wells Fargo & Co. with 18 Buy predictions and 2 Sell predictions.
As a result the target price of 60 € shows a slightly positive potential of 10.99% compared to the current price of 54.06 € for Wells Fargo & Co..
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