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.
McDonald's sales fall globally for first time in more than three years
41–50 of 93 posts
Re: McDonald's sales fall globally for first time in more than three years
#42There is a small McDonalds at a train station in Berlin which increased the prices for cheese- and hamburgers from 1€ to 3€.
All are the higher prices, now.
Re: McDonald's sales fall globally for first time in more than three years
#43A 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…
Re: McDonald's sales fall globally for first time in more than three years
#44There 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?
Re: McDonald's sales fall globally for first time in more than three years
#45There 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?
Re: McDonald's sales fall globally for first time in more than three years
#46It'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.
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
#47A 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.
> 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
#48A 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.
[1] https://www.wallstreetsurvivor.com/mcdonalds-beyond-the-burg...
Re: McDonald's sales fall globally for first time in more than three years
#49Re: McDonald's sales fall globally for first time in more than three years
#50This 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 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.