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McDonald's sales fall globally for first time in more than three years

reuters.com

41–50 of 93 posts

Re: McDonald's sales fall globally for first time in more than three years

#41

Earlier quoted context omitted.

quarter pounder has 0 veggies outside of a couple white onions

A standard burger comes with tomatoes and lettuce. We’re not talking about specific picks from a fast food menu.

Can you expand upon the nutritional content of a tomato slice and leaf of lettuce?

Re: McDonald's sales fall globally for first time in more than three years

#42

There is a small McDonalds at a train station in Berlin which increased the prices for cheese- and hamburgers from 1€ to 3€.

I noticed McD prices varying wildly when I crossed borders a lot in (IIRC) 2018, that kind of factor.

All are the higher prices, now.

Re: McDonald's sales fall globally for first time in more than three years

#43
post #24

A lot of people are missing this part: > Shares rise nearly 4% Yes sales are falling because of high menu prices, but that's a deliberate strategy by the company. Their goal is to maximize profits, not revenue.

McDonalds corporate has been lighting their franchisees on fire for decades to continue playing up how successful the business is on the stock market as opposed to actually supporting their restaurants long-term sustainability. Practically no innovation whatsoever, no response to ongoing criticisms of the product and business, no attempt to improve the product, nothing but coupons. Endless product discounting to try…

I agree. McDonalds sold itself as the value option, especially good for families with kids. The current prices are damaging the brand even if it's leading to greater profits now.

Re: McDonald's sales fall globally for first time in more than three years

#44
post #33

There is a small McDonalds at a train station in Berlin which increased the prices for cheese- and hamburgers from 1€ to 3€.

I have trouble imagining any economy in which selling a hamburger for a euro is sustainable, like how many would you have to sell a day to cover the costs and staffing for that store? I guess they used to make up for it in extras that people buy around the burgers?

[flagged]

Re: McDonald's sales fall globally for first time in more than three years

#45
post #33

There is a small McDonalds at a train station in Berlin which increased the prices for cheese- and hamburgers from 1€ to 3€.

I have trouble imagining any economy in which selling a hamburger for a euro is sustainable, like how many would you have to sell a day to cover the costs and staffing for that store? I guess they used to make up for it in extras that people buy around the burgers?

Berlin used to have much cheaper rents.

Re: McDonald's sales fall globally for first time in more than three years

#46

It's the 100% down to the price. As a family of 4 with 2 young kids we more or less get the same thing each time, 2 Combos and 2 Happy Meals. That was pushing $50 NZD last week. Not that shopping at the supermarkets are any better here, $8.50 for a 500g block of butter yesterday because they can't source the cheaper $6.70 blocks.

> 100% down to the price It’s price and Ozempic et al . Disentangling these effects will require more work.

It appears you’re being downvoted - but this (Ozempic and the like decreasing fast food sales) may actually be happening. A couple of recent articles:

https://www.axios.com/2023/10/06/ozempic-weight-loss-drugs-f...

https://amp.cnn.com/cnn/2023/10/05/investing/ozempic-food-co...

Re: McDonald's sales fall globally for first time in more than three years

#47
post #24

A lot of people are missing this part: > Shares rise nearly 4% Yes sales are falling because of high menu prices, but that's a deliberate strategy by the company. Their goal is to maximize profits, not revenue.

> > Shares rise nearly 4%

> Their goal is to maximize profits, not revenue.

Their goal is to maximize payouts to shareholders and executives. A broader fiscal picture may yield more comprehensive clues about how they get there.

Re: McDonald's sales fall globally for first time in more than three years

#48
post #24

A lot of people are missing this part: > Shares rise nearly 4% Yes sales are falling because of high menu prices, but that's a deliberate strategy by the company. Their goal is to maximize profits, not revenue.

McDonald's is a real estate company.

[1] https://www.wallstreetsurvivor.com/mcdonalds-beyond-the-burg...

Re: McDonald's sales fall globally for first time in more than three years

#50

This should be considered their service to the world. Less burgers sold leads to potentially healthier world.

Burgers are actually a pretty balanced meal. Meat, veggies and carb in one package. It all goes wrong when you add tons of preservatives to the meat and bread.

Preservatives are only in the the bread, not the meat.

Preservatives in burgers or ground beef isn't a thing. Either the ground beef is fresh and used quickly, or it's frozen.

Meat with preservatives is mainly two types -- 1) traditional cured meats like prosciutto or bacon, where you're referring to the nitrites and maybe the salt, and 2) some cold cuts used in sandwiches, like bologna and ham.

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