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(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020

BitterPill said:
It's a special day when I get a Big Mac -- hallowed, and every day is a special day in Trump's new and improved America!

MAGA.
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There ya' go.

Perhaps Big Mac sales are a MAGA indicator?
 
Chomsky said:
(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020
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Another negative economic report, with data rivaling that of the Pandemic levels.

It appears same-store McDonalds' sales declined among lower-income customers earlier in the quarter, expanding to middle-income customers declining later in the quarter, indicating the economic slowdown is broadening.

From the article it seems McDonalds is an economic canary of sorts for America's lower & mid-income demographics.

Unfortunately, these are the demographics that are also expected to be hit the hardest with Trump's tariffs.

Given that the higher-income demographic purchases actually increased (but not enough to offset the mid & lower losses), I might argue higher-income consumers may also shifting their spending patterns - going from more expensive dining options to McDonalds.
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We’ve gone far less to McDonalds after their Trump stunt.

Their happy meal toys are shit and their food is overpriced.
 
L88 said:
The kiosk format encouraging credit cards can't be real appealing to low income and older people.
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Fair point. I dislike the kiosks myself.

This coincides with the trend to give customers iPads, rather than taking orders verbally.

I don't see these trends reversing, and not to veer off-topic, but I believe these "eliminate human labour" technological advancements will extend to any new manufacturing that may result from the push to manufacture more Stateside.
 
Chomsky said:
There ya' go.

Perhaps Big Mac sales are a MAGA indicator?
Click to expand...

You, too, can make this day hallowed, but Big Macs taste better while wearing a red hat which begs the question: Do you even own a MAGA hat?

A cursory review of my records suggest you do not.

Only you can rectify that unfortunate situation.

MAGA.
 
Ikari said:
Yeah, that's about the best they are. But I put McDonald's in the same boat as Taco Bell. Listen, we all know what it is, the reason we're going is that it's supposed to be cheap. We've accepted that it's low quality swill for the most part, just charge low quality swill prices. McDonald's ain't Culvers.
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Ah, but at least Taco Hell is tasty!

My "Taco Bell : McDonalds" ratio is at least 10 or 20 to one. Taco Bell might be my favorite chain fast food.
 
price increases due to labor costs, operational costs

the tariff's I think have little impact at all
 
Chomsky said:
(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020
--


--

Another negative economic report, with data rivaling that of the Pandemic levels.

It appears same-store McDonalds' sales declined among lower-income customers earlier in the quarter, expanding to middle-income customers declining later in the quarter, indicating the economic slowdown is broadening.

From the article it seems McDonalds is an economic canary of sorts for America's lower & mid-income demographics.

Unfortunately, these are the demographics that are also expected to be hit the hardest with Trump's tariffs.

Given that the higher-income demographic purchases actually increased (but not enough to offset the mid & lower losses), I might argue higher-income consumers may also shifting their spending patterns - going from more expensive dining options to McDonalds.
Click to expand...
Honestly it is that last part, of the higher income earners buying more that should scare peeps.
 
Chomsky said:
(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020
--


--

Another negative economic report, with data rivaling that of the Pandemic levels.

It appears same-store McDonalds' sales declined among lower-income customers earlier in the quarter, expanding to middle-income customers declining later in the quarter, indicating the economic slowdown is broadening.

From the article it seems McDonalds is an economic canary of sorts for America's lower & mid-income demographics.

Unfortunately, these are the demographics that are also expected to be hit the hardest with Trump's tariffs.

Given that the higher-income demographic purchases actually increased (but not enough to offset the mid & lower losses), I might argue higher-income consumers may also shifting their spending patterns - going from more expensive dining options to McDonalds.
Click to expand...
McDonalds pricing is getting close to that of 5 guys lately. That's not good for McDonalds.
 
Chomsky said:
(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020
--


--

Another negative economic report, with data rivaling that of the Pandemic levels.

It appears same-store McDonalds' sales declined among lower-income customers earlier in the quarter, expanding to middle-income customers declining later in the quarter, indicating the economic slowdown is broadening.

From the article it seems McDonalds is an economic canary of sorts for America's lower & mid-income demographics.

Unfortunately, these are the demographics that are also expected to be hit the hardest with Trump's tariffs.

Given that the higher-income demographic purchases actually increased (but not enough to offset the mid & lower losses), I might argue higher-income consumers may also shifting their spending patterns - going from more expensive dining options to McDonalds.
Click to expand...
Mcdonald's problems go much deeper than just pricing. For fast food, they are pretty much on the bottom tier as far as quality and healthy.
 
Chomsky said:
(CNBC) McDonald’s reports largest U.S. same-store sales decline since 2020
--


--

Another negative economic report, with data rivaling that of the Pandemic levels.

It appears same-store McDonalds' sales declined among lower-income customers earlier in the quarter, expanding to middle-income customers declining later in the quarter, indicating the economic slowdown is broadening.

From the article it seems McDonalds is an economic canary of sorts for America's lower & mid-income demographics.

Unfortunately, these are the demographics that are also expected to be hit the hardest with Trump's tariffs.

Given that the higher-income demographic purchases actually increased (but not enough to offset the mid & lower losses), I might argue higher-income consumers may also shifting their spending patterns - going from more expensive dining options to McDonalds
Click to expand...
McDonalds, along with other fast food giants, deserves the loss of business. The company and it’s franchise operators have been raising prices well above the rate of inflation for years.
 
dmpi said:
This time around many are just leaving on their own.
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You have yet to provide hard data on your first assertion, and you've moved on to another?
 
americanwoman said:
Pretty much this. I know they wanted to move around from being more "kid friendly" but their sterile environments are so bland. I miss the personality, like hamburger seats and indoor merry go rounds.
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Argh! I hated that aspect of McDonalds.

But then I'm no fan of "kid friendly" environments, to begin with.
 
americanwoman said:
Pretty much this. I know they wanted to move around from being more "kid friendly" but their sterile environments are so bland. I miss the personality, like hamburger seats and indoor merry go rounds.
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One local MacDonald's still has its Play Place, but I've been banned for repeatedly violating an injunction against using it, so I have to use the drive through.

MAGA.
 
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Chomsky said:
Fair point. I dislike the kiosks myself.

This coincides with the trend to give customers iPads, rather than taking orders verbally.

I don't see these trends reversing, and not to veer off-topic, but I believe these "eliminate human labour" technological advancements will extend to any new manufacturing that may result from the push to manufacture more Stateside.
Click to expand...

It depends on the cost labor vs tech. You can predict and plan for all you can but things happen. Currently we have a lot of people not working and off the grid so to speak. Homeless people. If we could make room for those people some how.

Then the simplest person to replace with a robot is a janitor. That could free up a lot of warm bodies.

Not mention if the US got their immigration policy in order, there's an obvious huge labor market ready to tap.
 
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MAGAnificent said:
Mcdonald's problems go much deeper than just pricing. For fast food, they are pretty much on the bottom tier as far as quality and healthy.
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Yeah, agreed.

We're going to have to see what their peers report.
 
Their fish fillets are not close to be as good as they were.
 
L88 said:
It depends on the cost labor vs tech. You can predict and plan for all you can but things happen. Currently we have a lot of people not working and off the grid so to speak. Homeless people. If we could make room for those people some how.
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Sadly, I don't see that happening.

L88 said:
Then the simplest person to replace with a robot is a janitor. That could free up a lot of warm bodies.
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Not to be disagreeable, but I disagree. I don't see "cleaning" in general, Roombas notwithstanding, to be an easily automated task.

L88 said:
Not mention if the US got their immigration policy in order, there's an obvious huge labor market ready to tap.
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You got that right. No argument there. And in spades for agri-business.
 
BitterPill said:
One local MacDonald's still has its Pay Place, but I've been banned for repeatedly violating an injunction against using it, so I have to use the drive through.

MAGA.
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One less MAGA inside a McDonalds location increases the hospitality of the place by 64%.
 
Chomsky said:
Argh! I hated that aspect of McDonalds.

But then I'm no fan of "kid friendly" environments, to begin with.
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I didn't figure you as the type to not like snot nosed kids screaming and running around while possibly catching the plague from the playground but you learn something new every day.
 
lynnwinslow said:
The ones near me are always packed but they have really good, hands on operators.
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You’ll find that with many chain operations. The ones who are hands on types have well trained, friendly, employees, clean, organized stores, etc.. Customers like that and they become loyal to that store. On the other hand, nothing can be more of a turn off than walking into a dirty store with sullen, unfriendly staff. In a fast food store it makes you wonder about the ones doing the cooking. We live about equidistant from two dollar stores and the difference between the two is obvious.
 
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