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

reuters.com

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

#81

Post by glp1guide »

jrmg wrote: post #46
JumpCrisscross wrote: post #17

Earlier quoted context omitted.

> 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...

And the trend is likely to continue.

I don't know if the fast food industry can reinvent itself like the tobacco industry seems to have (see vapes and now zyn) but it's going to be much more difficult I think.

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

#83

Post by mcphage »

telchior wrote: post #12
rightbyte wrote: post #6

Earlier quoted context omitted.

> YES! adding cows lung to make the burgers a nice bloody red colour to make them more appetising. Is this a thing? Who sells cow lung?

I'm told that fried lungs are one of the great street foods. Haven't had a chance to try them yet, since North Americans tend to only use organs for dog food and haute cuisine, nothing in between.

> North Americans tend to only use organs for dog food and haute cuisine, nothing in between.

I used to work in the same building as a pharmaceutical company that used calf lungs to create medicine for premature babies. So that's another use, at least. And boy did the loading dock where they disposed of the remnants smell bad. Especially in the summer.

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

#84

Post by crazygringo »

kleene_op wrote: post #80
crazygringo wrote: post #65

Earlier quoted context omitted.

Where do you live that your McDonald's has a steak sandwich? They certainly don't have anything like that in most of the US. Sometimes there's a breakfast "steak" egg and cheese bagel, but that's clearly not what you're talking about, and it's as much of a "steak" as a McRib is ribs... (Also what does a steak sliced in two even mean? Steaks can be cut whatever thickness you want, every steak is just a slice of a larg…

I don't live in the US. By steak sandwich, I meant a burger with beef patty. The burger was advertised as having two beef patty but the combined height, and hence volume of the two patties lying on top of one another was that of a single beef patty that you could buy in supermarket.

Sorry, but I'm just so curious -- where do you live that people call burgers steaks? I've just never heard that from English speakers before in any country I've been to.

And what do you call an actual steak to differentiate? I.e. a seared single portion of whole sliced beef, not ground? Or is it just clear from context?

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

#85

Post by red-iron-pine »

glp1guide wrote: post #81
jrmg wrote: post #46

Earlier quoted context omitted.

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...

And the trend is likely to continue. I don't know if the fast food industry can reinvent itself like the tobacco industry seems to have (see vapes and now zyn) but it's going to be much more difficult I think.

it sure can. they keep up with the trend they've been following for the past few years -- improve quality, keep it fast, but with higher prices. keep a couple of low-cost / slop options on there, but this has been an already existing trend in fast food and "microwave grill" restos for a while now.

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

#86

Post by red-iron-pine »

crazygringo wrote: post #50
dyauspitr wrote: post #18

Earlier quoted context omitted.

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.

and those meats with preservatives aren't so good for you. as mentioned, the nitrites are carcinogenic

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

#87

Post by red-iron-pine »

practicemaths wrote: post #7
sickofparadox wrote: post #4

Why would someone pay the $10 for a Big Mac meal? Before the pandemic the customer-company dynamic made sense - I knew it was terrible quality, but it was quick, relatively tasty, and CHEAP. Now the employees will forget half my order and it will cost 2x what it should. Completely forgetting what their initial proposition was.

In 10 years, $10 Big Mac is going to seem cheap.

"in 20 years a 5 cent burger will seem cheap" -- some guy in 1921

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

#88

Post by thumbsup-_- »

dyauspitr wrote: post #75
thumbsup-_- wrote: post #72

Earlier quoted context omitted.

if you are starving, then yes, it's reasonable. If you are someone who can afford healthy food, then it's junk. Why it's junk? lack of fibre, deep fried patties, tons of saturated fat, sugars (ketchup, soda etc.)

No, you’re not taking it at face value. Grilled meat, some veggies and bread is not unhealthy. It’s a protein rich meal with a reasonable amount of carbs. Plenty of fiber too if you use whole grain bread.

Try it daily for a decade as one meal and then reply back here how your health is

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

#89

Post by dyauspitr »

thumbsup-_- wrote: post #88
dyauspitr wrote: post #75

Earlier quoted context omitted.

No, you’re not taking it at face value. Grilled meat, some veggies and bread is not unhealthy. It’s a protein rich meal with a reasonable amount of carbs. Plenty of fiber too if you use whole grain bread.

Try it daily for a decade as one meal and then reply back here how your health is

You’re not supposed to have red meat everyday. But if I had a home grilled burger, with whole grain bread and a salad 3 times a week I would be in good shape.

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

#90

Post by EasyMark »

I’ve seen this reported all over like it’s major news. Why is 1% loss in sales a big deal? Especially given that inflation has moderated but is still around. It just means McDonalds will have to cut prices a bit more to find a better supply vs demand curve. I’ve seen in reported heavily in every financial news section that I’ve read as if it was some bellwether event.
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