McDonald’s earnings, revenue miss estimates as consumer pullback worsens - eviltoast

Looks like McDonald’s is reaping what it sowed. Shit food at shit prices and no one wants to buy?! SHOCKER.

        • mosiacmango@lemm.ee
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          3 months ago

          Isn’t that some weird incestuous buisness relationship between McDs corporate and the vendor that just so happens to screw over the franchises?

          • 🔰Hurling⚜️Durling🔱@lemmy.world
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            3 months ago

            I mean yeah, but I wonder how many other vendors so this kind of crap to franchises. Again, not taking any blame towards McD (they can fuck off into the sunset), I was just wondering if there was even a small percentage of chance that vendors could also have something to do with the price increases.

            • orcrist@lemm.ee
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              3 months ago

              In the short run yes. In the medium run, no. The big corporations will buy them up and cook the books for tax write offs. McDonald’s jacked up prices only to jack up corporate profits, no other reason.

              But they forgot the market they’re in, and they are worried that the general public has remembered.