FRIES WITH THAT?
The world’s largest restaurant chain posted disappointing results this week, with worldwide sales at McDonald’s dropping 0.3 percent in February (analysts had expected a 0.1 percent drop). In America, the decline was even worse – a 1.4 percent decline that was more than twice the expected 0.6 percent drop.
Ouch …
Add it all up and McDonald’s has seen four consecutive months of sales declines – the longest streak in the past decade.
McDonald’s is facing pressure from rising beef prices (thank you, government ethanol mandates) and rising wages. It is also facing greater competition from chains like Starbucks, Subway and Taco Bell – which are intent on eroding McDonalds’ breakfast dominance.
Other factors are at work, though …
“Looking at this data, there are two observations: i) Americans, courtesy of record obesity rates, are finally getting serious about their health, and have shunned the infamous 99 cent deep fried meals or ii) courtesy of the Fed’s “recovery”, the average American can no longer even afford sub-$1 deep fast food,” the website Zero Hedge opines.
Cue Mark Knopfler …
15 comments
Even if you don’t want to eat healthy there’s tons of place to get a better burger for less money.
I really like Cook Out burgers and onion rings. They have a tasty burger and their rings are some of the best I have had in decades.
Their barbque is pretty good too.
I like Cook Out as well. I prefer the new Lexington location over 5 points as the burgers aren’t worth getting shot over.
Wendy’s & Burger King both make better tasting burgers than McDonalds as well.
Five Guys is over rated and too expensive.
Rockaway Athletic Club >Five Guys > Red Robin > Cookout = Rush’s > Burger King > Wendy’s > McDonalds
Country Burger!
Coming soon to a McDonald’s near you, the McFetus. A whole quarter pound of aborted fetus meat on a sesame seed bun, with lettuce, tomato, and our own savory special sauce. If this one sells well, we will be introducing our McSoylent Green burger within six months.
“If this one sells well, we will be introducing our McSoylent Green burger within six months.”
Can I assume a discount to be given to senior citizens on the basis of their contribution to this particular burger?
McSoylent Green burger????
But only on Tuesdays because Tuesday is Soylent Green Day!!!
That day is coming and your grandchildren will curse those responsible for it!!!!!!!
Anyone that ate one of their Chicken Wings won’t be back anytime soon.
Personally, I think that their PC-based “urban image” marketing campaign is finally catching up with them… and as someone outside of their demographic target, “I’m Lovin’ It”. Don’t worry though McD’s, Coke will be joining your dismal revenue results party soon.
Yours is an interesting perspective. It reminds me of what happens to “white” malls when they go “black”. It’s a slow, painful death for them.
send ’em south
if they’re gonna drown
put a hose in their mouth
$2 bucks get me a sausage burrito and a coffee plus refills, $3 bucks gets me a giant iced tea plus refills and two little hamburgers, and all the wifi bandwidth my gadgets will suck up. So for a mere $5 bucks per day or $100 bucks per month I get an office with cable for news and sports, a sweet little girl who calls me honey, a look at plenty of soccer moms and gorgeous female pharma reps who run in to pee throughout the day plus breakfast and lunch (with plenty of alternatives).
My previous arrangement I sat it a $500 dollar office. I had to drive a mile for lunch, make my own coffee and be my own janitor. Then I had to pay for internet. It’s just too good to be true.
Living the life eh?