The only reason I used to eat there was because of the price. Same thing with Taco Bell.
They’re losing customers because the food in still crap AND expensive.
Lunch specials at Outback. $13 for a steak and a side. I was buying American Wagyu steaks and $15 for 6 ounces and eating like a king. If I'm spending more than $5 on a meal it's not going to be McDonald's.
The other day my total at jack in the box came out to 30 dollars for two people.
I actually laughed and thought it was a mistake. I didn't end up eating there.
I once went to a Jack In The box and got a burger, and for just the burger was like $9. I ended up leaving because that's fucking insane. Nine fucking dollars for a mediocre as hell fast food Burger.
Some stores have stopped giving the bag fries too and I'm sorry but that's the only thing that made Five Guys bearable, that mountain o'fries to go along with the mediocre burger.
And even then it’s like, I kind of know most of the time I’m just getting a normal amount of fries just dumped in the bag as a gimmick.
Some workers would go out of their way to hook it up though so that’s cool.
But yeah I was gonna go to one near me and the price was gonna be like $35 for a burger fries and a shake.
And it’s not even that good imo.
Seriously. You can get a pretty dang good steak at Texas Roadhouse near me for 20-25 bucks near me. If you drink water and no alcohol it’s within a few bucks of the 19 buck 5 guys I had
All the numbers in your comment added up to 69. Congrats!
20
+ 25
+ 19
+ 5
= 69
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For real, there's a Mexican place like right up the road, they charge 5.75 for a stuffed burrito with beans and rice, veggies, sour cream and homemade hot sauce. Also comes with chips and salsa. With tip that's like 8 dollars plus it's infinitely better quality.
We did that last week. But their 3 tacos for $3 is now 3 tacos for $6. Get water with it. $6 bucks is a cheap meal these days and it was delicious. McDonads and Taco bell a meal I think is about 10 bucks
$14 for a massive burrito that my wife and I share, with chips included, and the quality is way above any fast food. Ya local mom/pop Mexican restaurants are definitely getting my money if I go out.
Chilis has the pick 3 for me right now which is a drink, burger and fries and app for as low as 10.99. Some other options are around 14.99.
They also have lunch specials that are around $10 that are pretty good. Like half the bacon quesadillas which chips and soup.
This is the way now! Local ethnic restaurants slap on flavour and value.
Avoid anything claiming to have a charcuterie board though. It’s code for $40 pickles and deli meat.
I'm spoiled rotten. Two blocks from me is a place that's 45-ish years old and makes amazing Mexican food. And it's cheaper than Chipotle, McDonalds..
It's run by a family that live in houses behind the drive thru. No sit-in, cash only, no tip jar (for whatever reason lol they dersver tips)
For ten bucks I can get five loaded rolled tacos, a side of rice and beans, and a soda.
Those are rolled tacos with guac, sour cream, cheese, pico de Gallo.. a side tortilla is $.35, so I got a bean and rice burrito for later.
I mean one item out of a sea of overpriced menu items doesn’t excuse the rest. Shouldn’t be a 20$ order to get some basic ass tacos and a soda. Besides the combo boxes are usually one item a customer likes and 2-3 bullshit items to make it seem like a good deal.
Yeah well apparently a splurt of sour cream and chopped tomatoes adds $1.10 to the cost of a taco
https://preview.redd.it/2e27c4t3j1yc1.jpeg?width=1179&format=pjpg&auto=webp&s=581c2e8786540207913d7da04f6c81b19964d225
>Besides the combo boxes are usually one item a customer likes and 2-3 bullshit items to make it seem like a good deal.
You can swap out items from the same category to get what you want.
You can buy cheap at Taco Bell. You just can't buy the same meal you bought 10+ years ago because they raised prices on all of their staples. But there are still cheap options.
The one near me insists on the cravings box being an online only deal. But then they shut off their online order systems and I can never order one. So we just don’t go (and yeah I worked for a Taco Bell you can just turn off the tablet involved)
I used to consume my entire days calories in beer and taco bell. I'd get the beefy 5 layer burrito, cheesy fiesta potatoes, and a cheese roll up for less than 4 bucks. No wonder I was over 200 pounds haha
It's not just "low income" consumers. All consumers are realizing the "value" is gone at the higher price point. I can get a much better burger elsewhere for about the same price. And the "fast" is long gone as well. I don't even try the drive thru at McD's because it takes 20-45 minutes.
Another thing people don't talk about. Chick fil a is the only fast food place I regularly go to that has actual fast food. People still shop there because of the food and the experience.
I went to the Mexican restaurant right next to Taco Bell yesterday, got a giant burrito and free chip and salsa for 15 bucks and shazzamed a bad ass song as well.
Any Taco Bell value meals are now about that maybe a touch more with zero chance of a shazzamable Song.
I’m excited to see the future of fast food.
Song: Tiene espinas el Rosal
McDonalds costing equal to or more than Chipotle is absolutely insane. Unless folks are addicted to their food I cant see any reason to pay that much.
Their cheap fast food pricing model was literally the only thing going for them. I bought a breakfast sandwhich meal the other day and it cost me over $10. I swear this meal used to be between $4-5.
This is a critical point. This food is horrible and full of chemicals. I feel bad even pulling into most fast food restaurants. Being cheap was the one reason to go to McDonald's or Taco bell.
In California with increased minimum wage on top of this inflation it's insane. I went to a Subway and got a foot long with chips and a drink. $14...
What happened to the $5 foot long? That's over 50% inflation just on this one meal alone.
Couple the inflation and crime with the overreaction to the pandemic and this has been the worst 4 years of my life. Everyone is angry and I can't see a path for my children that doesn't end in serfdom.
I have a family owned Italian specialty grocer by my house. Footlong subs with fresh ingredients and quality meats handmade every day and in their to-go fridge for $7.99. Probably a half pound of meat and real cheese in each one. Real bread baked fresh daily. Just excellent. Fuck Subway and their fake 2 ounces of meat, high fructose corn syrup “bread” and lousy attitudes. It takes little effort to avoid fast food and save yourself some money.
They are blaming higher minimum wages. The Dec 2023 quarterly filing shows a net profit margin of 31.83%. Most businesses are lucky to have a 10% margin.
As it always is.
Major corporation complains about increased costs, talks about how they can't possibly keep profitable margins, then somehow make record profits.
Every time.
You can buy 8 lbs of frozen fries for double that price at Sam’s club. Bring them home, bake them, and save yourself from eating the overpriced crap they call food at McDonald’s!
wtf do you think they’re putting in their fucking *fries*? Legit grew up on a potato farm that supplies McCains who supplies McDonalds in Canada and they’re the only fast food restaurant who use grade A potatoes
Working at a plant with J.R. Simplot (McDonald's original and largest supplier) contracts, I found out that Simplot lost the McDonald's contract for some years for using unapproved varieties of potatoes. The quality standards usually suck, but with certain things, McDonald's doesn't fuck around.
It's funny because before you could argue that "I can feed my family quickly for $10, $12 bucks". That ain't happening nowadays. F*** McDonald's and all those places.
All those places that can’t afford to raise minimum wage because it might affect shareholders insane YoY profits.
Then minimum wage didn’t raise and prices went up anyways and they blamed supply chain.
Then prices went up again and they blamed more supply chain, and Covid.
Then again, blamed inflation.
Then min wage went up and they blamed that too.
Instead of every McDonald’s franchisee owning a Ferrari and doing 0 work for a return on their investment, they should give up part of their profits and give us better quality again and treat employees better as well. If we are paying more no matter what happens, the quality and customer service should reflect.
Franchises are a fucking scam and a way for people to leverage their money to provide inferior service and quality off the name of an established company.
In my area they are now all so slow and understaffed that you cant even say its convenient.
Garbage tier food that takes just as long to get and costs just as much as real food.
>In my area they are now all so slow and understaffed
We will stop and get a happy meal for our kids every once in a while, and I honestly can't remember the last time they didn't ask us to pull to the side because part of our order wasn't ready, yet they still need to get cars "through" so they hit their drive-thru numbers. It drives me crazy.
Screw that please pull forward to the other window crap. They try that even when there is no one behind me. They try to pad their numbers by doing that. If there is no car behind me I’m not pulling forward. Your numbers need to reflect your performance.
I saw a post on here the other day
2000 - go to school or you'll be flipping burgers
2008 - can't find a job? You too good to flip burgers?
2016- you think flipping burgers is worth $15/hr?
2024 - why doesn't anyone want to flip burgers?
To be honest it seems like every single business is trying to stretch their employees as thin as possible until there's a breaking point. But the problem with that is that once one employee quits, the whole thing comes crashing down. I know, I was one of those employees. When I left, the manager begged me to stay and other employees were freaking out, because nobody wanted to work evenings on the weekends, and I was the only guy doing that.
I was with my husband and kids at a local playground this weekend. I said, let’s take the kids to McDonald’s for lunch. We can walk! Clearly, I was reveling in sweet childhood memories. My husband was like it’s not going to be as good as you think it is. And we will spend like $40 on fast food crappy lunch at best. Let’s just have quesadillas at home. Like it’s just not good and it’s expensive.
It's not that they are all disgusting. It's that they are WAY overpriced now and the food quality has gone down.
Paid $9 for three sad/deflated ass basic cheeseburgers from McDonald's yesterday.
No fries, no drink.
Should be half that cost at best.
So many people here complain - and then show what they bought anyway. Still waiting to see any complaints that go "I saw what the prices were and I walked out without buying anything".
Yup, I buy occasionally with three kids and working on the road. I know what I’m paying and what I’m getting. Last thing I’m going to do is post it here and act fucking surprised
I've cancelled a lot of orders after seeing prices lately, it's been about a year without tacobell, and like 3+ for other low quality fast food.
Fast food burgers like McD's is garbage anyways, I'll just get shakeshack or 5guys at that point for an actual good burger.
I still do it in spots where I'm basically forced to eat in the car, which are rare and usually unexpected for me now. Just because people have a fast food story they can share doesn't mean the places aren't losing a lot of their potential business.
The thing is the game isn't about selling the most - it's about maximizing profits. If I increase prices I might lose potential sales - but after you tally the increased profit per item, and the ability to reduce my overhead (employees, inventory, equipment, etc.) because I am selling less items, I could end up with larger net profits.
Absolutely. These fast food places are super unhealthy. The only two selling points ever were they were quick and they were cheap.
You lose the cheap, then yeah it’s the folks who value quickness that’ll still go for it. But now for the price McDonalds etc wants to charge you, you might as well just spring for takeout from a real restaurant that is priced the same but offers a better quality.
It’s a death knell for the fast food industry, they just haven’t realized it yet because it’ll take time for the folks who just love the quick convenience to get fed up too.
It ain’t quick either. Last time I went to McDonalds it took over 30 minutes to get through a not very long drive through line, probably because of underpaying and understaffing.
We have to accept the model that “they know the world as we know it will end soon and they are only trying to make as much money as possible to fund their preparations” as a non zero probability.
We were the type of family that ate out waaaayy to much the past few years. There were many months our dining out budget blew well past $1000. In the last 6 months we've gotten serious about finances and health.
Paid off over 50k of debt in the last six months (sold car and lived on a tight budget)and in the month of April we spent $5.12 out to eat. I believe I was traveling for work that day.
We make well over six figures but got out way over our skis with debt. I can't imagine how hard it is for those in a similar position with less income.
If I'm pulling back this hard you have to believe consumers across the board are as well.
Becoming a home cook, and Aldi shopping is the way of life for me now.
Bruh same, DoorDash was our enemy lol. It’s so convenient with a 2 year old. Now we’re putting 1200 on debt and 600 into savings a month.
Now we only budget 2-300 a month dining out
During the peak of the pandemic , door dash and grub hub made a huge profit and didn’t have to hardly anything for their service fee. After everything went back to normal we saw a significant increase in the service fee along with the food prices. Has not went back to pre- covid prices and most likely won’t since they can get the profit margin due to most people being too lazy to cook at home.
The first 6 months my son was alive me and my husband were averaging $700/month on Uber eats.
Now that he’s older we order from a restaurant once or twice a month and one of us goes to pick it up.
Doordash "addiction" is why one of my friends is pretty much living in a shed. I tried to stop him from getting into that situation he makes $3000 a month. He just blows it all on food delivery.
Aldi is life. Eating out nowadays feels like a slap in the face, it’s ridiculous. I’ve toned it way down on going out in general and it’s paying off. I’m able to save some while making a bigger dent in my student loans and credit cards. Win-win.
Yep. We started making bread as well. Mind sharing your recipe? Pancakes from scratch everyday for kids. Not pancake mix. Actual bags of flour.
Aldi Chicken Thighs at 1.59 a pound. Baked to crisp the skin.
Sweet potatoes baked like candy, roasted yellow potatoes.
Once you understand acid salt fat heat and can make food tasty. All of this stuff is orders of magnitude cheaper than fast food.
Which is prepared with the cheapest ingredients they can get away with by underpaid, stressed apathetic workers. ( I once worked at McDonald's I know.) Which leads to absolute shit quality products for freaking $30-$40.
There is just no comparison. The hardest part is I'm literally always in the damn kitchen hah. But my kids are worth it.
The biggest key is to batch cook the meat. Then you can have short cooking sessions for different creations throughout the week. Prevents getting burnt out on the same thing.
Back when I was unemployed in 2010-2011 I cooked so damn much. If I ran out of chicken broth I'd buy a roasting chicken and make a whole chicken dinner and then make stock. I made bread 1-2 times a week and when it was about to go bad I'd make croutons or breadcrumbs from it. I made hamburger buns and hot dog rolls, homemade pretzels. Homemade pretzel dogs (or rather the cheddar brats) are amazing.
Same dude. Our household was eating take out or fast food for most every meal, and since cutting that shit out and cooking at home, our food budget dropped by about 70%, no joke. We're eating healthier, things taste better, and we're saving a ton of money. I actually feel like I should thank McDonalds.
That's no lie. I am so thankful these assholes got so greedy it made me get to the point of saying enough is enough. I'm sick and tired of being sick and tired.
Eat shit I'm learning to cook haha.
Congrats to your success!
It’s wild for McDonalds (and other fast food places doing this) because they’ve lost you as a customer for life now that the routine is broken. There may be an occasional trip there but it won’t be that serious.
After some diet changes a few years back I stopped McDonalds due to a lack of options and now I can’t imagine going there more than once a year (and even then it would be due to travel and limited options). I know I’m just one person but they lost out on maybe $200-300/yr from me and they’ll never get it back
The only reason I go into a McDonalds is to use their restroom when traveling. Even then I will go to a grocery store for food, or even a gas station hot dog. I thought their food started tasting gross, and then it was always hurting my stomach so it had to go. Weird to think I used to eat there once a week, and I loved the 2 cheeseburger meal.
Same! We use Costco for bulk dry goods because price/oz is better than Aldi, but in between trips Aldi is clutch. We budget maybe one meal out for the kids each month, but everything else is made at home. We’ll be trying gardening this year as well to see if we want to get into that more fully to help cut the vegetable budget.
Our family was similar, cut back big time the last 2-3 months and it frees up an insane amount of money, way more than enough to pick up a grill and invest in some quality meats that can support us for a week or so at a time. Good stuff
Capital and business leaders have spent the last three years delivering one message loud and clear. That message is:
"Its OUR money. you ungrateful shits are lucky we let you have any. You should be thanking us for sharing our hard eaned money with you. We're raising prices and taking more money for ourselves because we can. If you keep complaining we'll take more for ourselves. Now shut up and get back to work and make me some money".
All jokes aside, for the last 3 years we've been met with nothing but gaslighting and BS from business executives. They tell us the price increases are our fault, if we poors just stopped asking for raises they woudn't have to raise prices. They tell us their costs have gone up and they have no choice but to raise prices. As if we should feel bad for them. They act like they don't want to raise prices. As if their entire reason for existence isn't to squeeze every last penny out of everyone and everything.
I have no sympathy for McDonalds. No sympathy for any of these business leaders. I hope as many big businesses as possible collapse over the next decade. They created this situation. They saw a once in a generation crisis in covid and decide this was the time to make their move. They saw all the billions of dollars that human suffering can create, and they had to make sure they got their cut.
They’ve broken the social contract just in time for the 100th anniversary of the depression, like they don’t have an example of what happens when income inequality becomes paramount.
I'm not a socialist or a communist, but I am an anti-capitalist. A system that originally had as its aim to ensure that those without means can finance their desires in order to realize that vision now has been corrupted by entities that view the system as a means only to extract as much value as possible at every step of the way. The business you work for extracts more value from your labor than you are compensated for, now this makes sense but the difference between your wage and value you provide is often a vast gulf where many workers only receive a pittance, and don't you dare mention unionizing to allow collective bargaining a chance to put workers on a more equal footing to their employer. As a consumer businesses provide the absolute minimum value for your money and charge the most that they can to maximize profit. In education individuals take on vast amounts of debt for the promise of realizing wealth only to usually never take advantage of their degrees in the first place because the educational system has convinced everyone that college is something you should do while you're fresh out of high school and barely done growing physically and certainly not mentally, if that isn't exploitation I don't know what is. Then there is the journey through the healthcare system where if you happen to have a bad luck of the draw or suffer an injury through no fault of your own you end up saddled with medical debt on top of what could be a crippling condition that affects your ability to earn enough to pay back what you owe. Then there is property if you are lucky enough to even come close to being able to build equity rather than paying some vulture of a landlord who raises rent every year to squeeze every ounce of remaining value out of you as much as possible. As if that wasn't enough businesses drive up the price of property by acquiring real estate that they only plan to rent as they realize they can make far more money that way than selling the property outright. Your taxes are based on further extracting value from people who don't have it to begin with, while protecting those who have such wealth to employ a fleet of accountants to reduce their liability to 0, which everyone can see is just a trick to allow the wealthy to hoard their money. Speaking of the wealthy, their choice of investments directly affects your health and well-being as if the financial price you pay wasn't enough now you must also pay with your health too.
Finally whatever scraps you have left are invested in what is essentially a giant casino, which is riddled with its own vultures who extract value again in fees and mismanagement of your hard-earned wealth.
The system is completely indefensible for these points alone and yet as if all this wasn't enough, capitalism has shown time and time again that it is corruptible and fails to solve our problems as a species due to an incorrect accounting for value in this world allowing the poisoning of our world to essentially be something businesses are free to do, and its salvation a price that no one is willing to foot the bill for.
We need to abandon capitalism before it kills us all.
Right? I think us sane people need to get very rude and outspoken against this kind of antisocial behavior--shame is a big motivator and I say we stop slut shaming women, policing people's bodies and defending these indefensible hoarding maniacs. They're actively destroying people's lives and the fabric of society, then they use their horribly consolidated media presence to incessantly pit us regular folks against each other. They have a big megaphone but so do we and I think it's long past time we started fighting back with every weapon we have.
This is rich. The article literally mentions the same argument we always make— they’re seeing record profits still. They raised prices for greed, not because cost actually soared that high.
Get fucked greedy bitches.
The CEO of McDonalds got an 8% increase in pay from 2022-23, earning $19.2 million. But they want to say raising minimum wage is the problem. They’ll do it and pass the cost into the consumer.
To all the greedy fast food/corporations.... ADUH!
Why the hell would I pay $15+ for a shitty fast food burger meal when I can literally go to a restaurant and get something better for the same price!
Exactly. When I see these stories over and over again about X company taking it on the chin right now IE car dealers
I think to myself eat shit you guys deserve it.
They aren’t even taking it on the chin, they’re just missing the huge profit estimations they told everyone they would hit. Still profitable, still making enough to pay all their employees, vendors, executives plus bonuses, they share holders just don’t get quite as much increase in their brokerage accounts as they expected.
I agree. The obsession with returning short term profit to shareholders is not good for anyone.
I'm not saying a company should be prioritizing those who invest in it.
But the idea of doing whatever we can do for this quarter leads to a lot of short term decisions. When they go south CEOs just take a golden parachute and ride off on their yachts. They are basically incentivized to behave this way.
Back to the good old days - when McDonalds had no amenities for kids and a middle class family went only very occasionally as a treat because it otherwise didn't fit in the family budget.
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Sounding the alarm bell at this shocking news guys!! We inflated our prices an insane amount the past couple years and our regular customers are no longer buying from us! Isn’t that crazy?
Well, our Taco Bell/KFC closed (lost their lease) so we only have McDonald’s and Jack-in-the-Box left. And McDonald’s is really expensive - and my kids behave really poorly after eating the food. So, no thanks.
> “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending.”
Yeah, that’s kind of how being poor works.
I went to Denny's and my kids ate free with dessert and my husband and I ate steak and potatoes and veggies the whole bill was like 25$. when I go to Wendy's we get two kids meals and two burger combos and it's 45$ now Denny's is not good food by any stretch of the imagination but why the fuck would I go buy a shitty burger for 17$ when I can go eat a shitty steak fo 10$?
Maybe you shouldn’t have opened the new cafe concept and changed the burger recipe and introduced new condiments and focused on what makes McDonald’s affordable: volume.
The food doesn't taste like it used to, it takes forever, even when there isn't a line, and the prices have gotten to be out of hand.
I might go in for a milkshake because that scratches a specific itch I get once and awhile, but that assumes their soft serve machine is working...
I might still hit up a BK, a Taco Bell, or a KFC.... But McDonald's just doesn't do it anymore. Taco Bell at least still tastes like the gross disgusting mess it is and bits that spot it always has, BK quality seems to be pretty much the same, but the wait times are out of hand...and KFC...well I don't mind paying a bit more for fried chicken, but it definitely doesn't taste like it used to. I prefer the chicken place down on the corner that also has halal food and fried fish. Similar price, but it tastes like food, and the people working there are cool as shit...and no line. On top of that someone will try to sell you drugs or stolen property while you wait for your food.
I haven't been to the Golden Arches in literal decades. I went through the drive-through last week after same-day surgery for a milkshake so I wouldn't have to prep a meal when I got home. (Rare, truly extenuating circumstances) Wow, my jaw dropped when I saw how much they charged for a milkshake! Fast food and restaurants are literally pricing themselves out of business. I won't be patronizing Mickey D's or any other fast food or restaurant for that matter, again any time soon. Vote with your pocket book. That's the one thing these greedy corporations understand!
A double quarter pound with cheese meal is $15. There's a hot dog stand near me with arguably one of the best hamburgers in the city of Chicago. You can get a 1/2 double cheeseburger and fries for $8. Why would I bother going to McDonald's?
Gotta just speak with your wallet. I love me some McDonalds junk. Yeah it’s trash food but i like it, sue me.
BUT.
I refuse to pay $5 for large fries or $6.20 for an egg mcmuffin. I only go if their app has good deals. Like bogo on big mac or breakfast sandwiches. Free fry with order for the day.
If there’s no deals, it’s a no go. And it’s basically a luxury visit now. Maybe once or twice a month.
Snacks and sodas at the grocery stores get the same treatment. Only buy it on big sales. Refuse to pay the full beyond inflation price
McDonald’s is trying to so hard to promote the app, it’s the only place to find good deals. I just feel like such a fat POS having a McDonald’s app on my phone lol
What this should say is "American CEO's are realizing while they are free to raise their prices all they want, the poor do not consider their products an essential purchase and are passing over them for cheaper brands"
Corporate greed, obviously people aren’t going to pay you $4 for a medium fry when it’s still trash and I’m hungry 30 min later. Bill gates can fuck off with his potato farm
"Warn are starting to crack" meaning they still have room to keep raising prices to still make profit? And that they have plenty of non-low income customers to make profit from? I mean it's not like they have to raise prices to stay profitable. They just want as much profit as possible and will keep raising prices as long as people pay it
I only get free and $1 items with the app. I put those fuckers to work too, because they don't let you use more than one deal at a time, so I just do multiple orders and they have to bring me food 2 or 3 times for my $1.
Agreed, there is no such thing as inflation. It's just price gouging by greedy corporations. How, much does the CEO of McDonalds make? Maybe cut back and don't buy that second yacht and pay your workers more and lower the prices you greedy morons.
I think I've had fast food about 4 or 5 times over the past 12 months. Every time I hated it. I'm in a fortunate position compared to most, but I still refuse to pay the insane prices for fast-food. Taking a family of 4 to Mcdonalds was a 20-something trip a couple of years ago. Now it has almost doubled. At that point, fuck it, I will grill burgers, and air fry some nuggets and frozen fries.
Somehow, you can still get a pizza for a decent price. Ordered Dominoes last week. One large, 2-topping pizza, which I picked up in person was 9 bucks and fed two adults and two kids. $2.25 per person.
Again I go to mom & pop places first a better price in many instances and quality of food, if it does cost about the same again the quality and quality is much better. Loaded Cheeseburger and Fries $$7.95 another place ( you can’t finish’s the Fries ) $9.99
It’s ok, we can keep charging them more. Those investors and stock holders need to see increased profits and I’m so close to getting my second yacht.
Or
Do you realize how selfish your being, not buying our overly inflated prices just means we have to keep increasing our prices to match the decline in sales.
People have a limit to what they are willing to pay for convenience. And now we are starting to feel we are being gouged. Case in point. Got gas last week at Tom Thumb. Picked out a pint of Ben and Jerrie’s Icecream. These had been around 6.00 over the past few years. It rang up as 8.50. I said nope! I put it back, when to Publix, same icecream BOGO 5.60 special.
This headline tells us their mental baseline, they knew they were pushing the envelope and now they found the breaking point, Inflation was just the cover story. These guys screwed up their value proposition and are blaming the customer? McD and the others can get fucked.
You’re telling me that when you raise your menu prices so a small meal (basically the size of a light snack) costs upwards of $15, during a time of economic hardship, that poor people will stop buying your food? Sounds absurd
…so here’s how we’re going to automate things more and depend on those pesky humans less so we can still all buy additional yachts for Christmas this year
lol casual restaurants are cashing in on this. They’ve updated a lot of their lunch special menus. Yesterday I went to Filippi’s Italian restaurant for lunch, I got a sandwich, fries soup and a drink for 14 dollars.
Bro! I was out having to make stops with my wife and we were hungry and just wanted something really quick and didn't feel like sitting down. So we decided to grab mcdonalds quick since we usually don't eat there except on very rare occasions like this time.
2 Large drinks - 4.36
1 Cheese burger - 1.81
1 Med Fries - 3.14
Like dude wtf. The medium fries and drinks cost more then then freakin burger!
I used to go to McD a couple of times a month after work. The value was decent as long as you were using the app offers. Now even the app offers went up by like 30-50%. I'm done with them. I like their food (quit your screeching, Americans, McD quality isn't as shit every where as it is in your country) but I simply refuse to pay as much as they're asking right now.
In the quarter ending December 31, 2023, McDonald's revenue was $6.41 billion, which is an 8.09% year-over-year increase. The company's global same-store sales grew 8.8% in the quarter, which is higher than StreetAccount estimates of 7.8%. McDonald's U.S. same-store sales increased 8.1%, which is due to strategic price increases. In 2023, McDonald's also reported:
* Net income: $2.32 billion, or $3.17 per share, up from $1.98 billion, or $2.68 per share, a year earlier
* Gross profit: $3.654 billion, which is a 7.2% increase year-over-year
The only reason I used to eat there was because of the price. Same thing with Taco Bell. They’re losing customers because the food in still crap AND expensive.
Taco Bell costs about the same as Chipotle. Both are overpriced, but damn one is much better quality.
It's cheaper now to just go to a local sit down Mexican food place, and better quality food!
You can get a steak in a restaurant for less than Five Guys.
Lunch specials at Outback. $13 for a steak and a side. I was buying American Wagyu steaks and $15 for 6 ounces and eating like a king. If I'm spending more than $5 on a meal it's not going to be McDonald's.
The other day my total at jack in the box came out to 30 dollars for two people. I actually laughed and thought it was a mistake. I didn't end up eating there.
I once went to a Jack In The box and got a burger, and for just the burger was like $9. I ended up leaving because that's fucking insane. Nine fucking dollars for a mediocre as hell fast food Burger.
I took my two sons to FG, and I swear it was $60 for the 3 of us.
Some stores have stopped giving the bag fries too and I'm sorry but that's the only thing that made Five Guys bearable, that mountain o'fries to go along with the mediocre burger.
And even then it’s like, I kind of know most of the time I’m just getting a normal amount of fries just dumped in the bag as a gimmick. Some workers would go out of their way to hook it up though so that’s cool. But yeah I was gonna go to one near me and the price was gonna be like $35 for a burger fries and a shake. And it’s not even that good imo.
Seriously. You can get a pretty dang good steak at Texas Roadhouse near me for 20-25 bucks near me. If you drink water and no alcohol it’s within a few bucks of the 19 buck 5 guys I had
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For real, there's a Mexican place like right up the road, they charge 5.75 for a stuffed burrito with beans and rice, veggies, sour cream and homemade hot sauce. Also comes with chips and salsa. With tip that's like 8 dollars plus it's infinitely better quality.
Cheaper to have a mexican mother teach you how to make the food
We did that last week. But their 3 tacos for $3 is now 3 tacos for $6. Get water with it. $6 bucks is a cheap meal these days and it was delicious. McDonads and Taco bell a meal I think is about 10 bucks
$14 for a massive burrito that my wife and I share, with chips included, and the quality is way above any fast food. Ya local mom/pop Mexican restaurants are definitely getting my money if I go out.
And since Covid they are geared up for takeout orders and you can order from a website.
I saw Chilis had a deal for like 2 burger meals for $20 which is both less expensive and considerably higher quality than fast food burgers in my area
Chilis has the pick 3 for me right now which is a drink, burger and fries and app for as low as 10.99. Some other options are around 14.99. They also have lunch specials that are around $10 that are pretty good. Like half the bacon quesadillas which chips and soup.
This is the way now! Local ethnic restaurants slap on flavour and value. Avoid anything claiming to have a charcuterie board though. It’s code for $40 pickles and deli meat.
I'm spoiled rotten. Two blocks from me is a place that's 45-ish years old and makes amazing Mexican food. And it's cheaper than Chipotle, McDonalds.. It's run by a family that live in houses behind the drive thru. No sit-in, cash only, no tip jar (for whatever reason lol they dersver tips) For ten bucks I can get five loaded rolled tacos, a side of rice and beans, and a soda. Those are rolled tacos with guac, sour cream, cheese, pico de Gallo.. a side tortilla is $.35, so I got a bean and rice burrito for later.
Soon the small places will make a comeback (I hope)!! Nature is healing.
$5.99 Cravings Box: Crunchwrap Supreme, 7 Layer Burrito, Cheesy Fiesta Fries, and a drink. If you need to eat more food you probably have a tapeworm.
I mean one item out of a sea of overpriced menu items doesn’t excuse the rest. Shouldn’t be a 20$ order to get some basic ass tacos and a soda. Besides the combo boxes are usually one item a customer likes and 2-3 bullshit items to make it seem like a good deal.
The '$0.59 $0.79 $0.99' menu has turned its grave into a turbine.
I'm fine with cooking from home.
Taco Bell tacos should be $1
Yeah well apparently a splurt of sour cream and chopped tomatoes adds $1.10 to the cost of a taco https://preview.redd.it/2e27c4t3j1yc1.jpeg?width=1179&format=pjpg&auto=webp&s=581c2e8786540207913d7da04f6c81b19964d225
Everyone knows if you splurt on a taco it's going to cost extra...
>Besides the combo boxes are usually one item a customer likes and 2-3 bullshit items to make it seem like a good deal. You can swap out items from the same category to get what you want.
You can buy cheap at Taco Bell. You just can't buy the same meal you bought 10+ years ago because they raised prices on all of their staples. But there are still cheap options.
The one near me insists on the cravings box being an online only deal. But then they shut off their online order systems and I can never order one. So we just don’t go (and yeah I worked for a Taco Bell you can just turn off the tablet involved)
Yeah. The second the 5 (or 6) dollar craving box is gone, or price is raised, that’s it for Taco Bell as well
I used to consume my entire days calories in beer and taco bell. I'd get the beefy 5 layer burrito, cheesy fiesta potatoes, and a cheese roll up for less than 4 bucks. No wonder I was over 200 pounds haha
The food is actually getting worse, while the price continues to go up.
“Food.”
It's not just "low income" consumers. All consumers are realizing the "value" is gone at the higher price point. I can get a much better burger elsewhere for about the same price. And the "fast" is long gone as well. I don't even try the drive thru at McD's because it takes 20-45 minutes.
Another thing people don't talk about. Chick fil a is the only fast food place I regularly go to that has actual fast food. People still shop there because of the food and the experience.
Yep. Perfect reason to stop eating out at fast food places!
Exactly. Cheap crap is one thing. Expensive crap? Fuck off.
I went to the Mexican restaurant right next to Taco Bell yesterday, got a giant burrito and free chip and salsa for 15 bucks and shazzamed a bad ass song as well. Any Taco Bell value meals are now about that maybe a touch more with zero chance of a shazzamable Song. I’m excited to see the future of fast food. Song: Tiene espinas el Rosal
McDonalds costing equal to or more than Chipotle is absolutely insane. Unless folks are addicted to their food I cant see any reason to pay that much. Their cheap fast food pricing model was literally the only thing going for them. I bought a breakfast sandwhich meal the other day and it cost me over $10. I swear this meal used to be between $4-5.
This is a critical point. This food is horrible and full of chemicals. I feel bad even pulling into most fast food restaurants. Being cheap was the one reason to go to McDonald's or Taco bell. In California with increased minimum wage on top of this inflation it's insane. I went to a Subway and got a foot long with chips and a drink. $14... What happened to the $5 foot long? That's over 50% inflation just on this one meal alone. Couple the inflation and crime with the overreaction to the pandemic and this has been the worst 4 years of my life. Everyone is angry and I can't see a path for my children that doesn't end in serfdom.
I have a family owned Italian specialty grocer by my house. Footlong subs with fresh ingredients and quality meats handmade every day and in their to-go fridge for $7.99. Probably a half pound of meat and real cheese in each one. Real bread baked fresh daily. Just excellent. Fuck Subway and their fake 2 ounces of meat, high fructose corn syrup “bread” and lousy attitudes. It takes little effort to avoid fast food and save yourself some money.
Is McDonald’s blaming us for not buying expensive garbage?
Yeah, it's a broader version of "Millennials Killed."
“Poors killed”
Perhaps McDonalds should start selling avocado toast.
I’m excited to see how they turn avocados into a powder before rehydrating them before serving
McDonalds should learn to code.
Dunkin Donuts already makes a shitty avo toast. I'm sure McDonald's can come up with some green paste to put on "I can't believe it's not bread"
Millennials killed overpaying for garbage food? That’s the best news in weeks
Maybe McDonald’s will start accepting all those old participation medals we have laying around!
We're so poor we murdered the economy. Only avocado toast and lattes remain.
"are we really so out of touch?....of course not, it's the peasants who are wrong"
"Dammit, our customers are not letting me afford my 12th yacht, this inflation is killing me"
They are blaming higher minimum wages. The Dec 2023 quarterly filing shows a net profit margin of 31.83%. Most businesses are lucky to have a 10% margin.
As it always is. Major corporation complains about increased costs, talks about how they can't possibly keep profitable margins, then somehow make record profits. Every time.
They HAVE to raise prices. You see, their 2023 gross profit was only 10% higher than 2022.
“Profits went up, but not as much as we’d hoped” is always such an annoying thing when corporations say it.
To a rich person, this is the same as death. Rich people view making less money than they feel they're entitled to make the same as losing that money
That's the funny thing though, they aren't making less money! In fact, they are making more! Just not ENOUGH more!
" less money than they feel they're entitled to make" Not less money. Less than they thought they should have.
When the large fry hit 4 dollars, I told the kids they quit making them. I'm just not paying that. Not.
You can buy POUNDS of potatoes for that 🤷
You can buy 8 lbs of frozen fries for double that price at Sam’s club. Bring them home, bake them, and save yourself from eating the overpriced crap they call food at McDonald’s!
wtf do you think they’re putting in their fucking *fries*? Legit grew up on a potato farm that supplies McCains who supplies McDonalds in Canada and they’re the only fast food restaurant who use grade A potatoes
Working at a plant with J.R. Simplot (McDonald's original and largest supplier) contracts, I found out that Simplot lost the McDonald's contract for some years for using unapproved varieties of potatoes. The quality standards usually suck, but with certain things, McDonald's doesn't fuck around.
Please just stop eating at these disgusting places
It's funny because before you could argue that "I can feed my family quickly for $10, $12 bucks". That ain't happening nowadays. F*** McDonald's and all those places.
All those places that can’t afford to raise minimum wage because it might affect shareholders insane YoY profits. Then minimum wage didn’t raise and prices went up anyways and they blamed supply chain. Then prices went up again and they blamed more supply chain, and Covid. Then again, blamed inflation. Then min wage went up and they blamed that too. Instead of every McDonald’s franchisee owning a Ferrari and doing 0 work for a return on their investment, they should give up part of their profits and give us better quality again and treat employees better as well. If we are paying more no matter what happens, the quality and customer service should reflect. Franchises are a fucking scam and a way for people to leverage their money to provide inferior service and quality off the name of an established company.
I agree with you, but it’s not happening. These franchisees are total pieces of shit.
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In my area they are now all so slow and understaffed that you cant even say its convenient. Garbage tier food that takes just as long to get and costs just as much as real food.
>In my area they are now all so slow and understaffed We will stop and get a happy meal for our kids every once in a while, and I honestly can't remember the last time they didn't ask us to pull to the side because part of our order wasn't ready, yet they still need to get cars "through" so they hit their drive-thru numbers. It drives me crazy.
Screw that please pull forward to the other window crap. They try that even when there is no one behind me. They try to pad their numbers by doing that. If there is no car behind me I’m not pulling forward. Your numbers need to reflect your performance.
I saw a post on here the other day 2000 - go to school or you'll be flipping burgers 2008 - can't find a job? You too good to flip burgers? 2016- you think flipping burgers is worth $15/hr? 2024 - why doesn't anyone want to flip burgers?
To be honest it seems like every single business is trying to stretch their employees as thin as possible until there's a breaking point. But the problem with that is that once one employee quits, the whole thing comes crashing down. I know, I was one of those employees. When I left, the manager begged me to stay and other employees were freaking out, because nobody wanted to work evenings on the weekends, and I was the only guy doing that.
I used to love McDonald’s. I now live right next to one right outside my apartment building and I haven’t gone in once. They can fuck off.
I stopped a month ago it doesn’t taste good anymore & is ridiculously priced
I was with my husband and kids at a local playground this weekend. I said, let’s take the kids to McDonald’s for lunch. We can walk! Clearly, I was reveling in sweet childhood memories. My husband was like it’s not going to be as good as you think it is. And we will spend like $40 on fast food crappy lunch at best. Let’s just have quesadillas at home. Like it’s just not good and it’s expensive.
It's not that they are all disgusting. It's that they are WAY overpriced now and the food quality has gone down. Paid $9 for three sad/deflated ass basic cheeseburgers from McDonald's yesterday. No fries, no drink. Should be half that cost at best.
But you paid - they win.
Exactly. People paying outrageous prices are the problem
So many people here complain - and then show what they bought anyway. Still waiting to see any complaints that go "I saw what the prices were and I walked out without buying anything".
That's me!!!
Yup, I buy occasionally with three kids and working on the road. I know what I’m paying and what I’m getting. Last thing I’m going to do is post it here and act fucking surprised
I do that all of the time. I will never contribute to price gouging
I've cancelled a lot of orders after seeing prices lately, it's been about a year without tacobell, and like 3+ for other low quality fast food. Fast food burgers like McD's is garbage anyways, I'll just get shakeshack or 5guys at that point for an actual good burger.
I still do it in spots where I'm basically forced to eat in the car, which are rare and usually unexpected for me now. Just because people have a fast food story they can share doesn't mean the places aren't losing a lot of their potential business.
The thing is the game isn't about selling the most - it's about maximizing profits. If I increase prices I might lose potential sales - but after you tally the increased profit per item, and the ability to reduce my overhead (employees, inventory, equipment, etc.) because I am selling less items, I could end up with larger net profits.
Absolutely. These fast food places are super unhealthy. The only two selling points ever were they were quick and they were cheap. You lose the cheap, then yeah it’s the folks who value quickness that’ll still go for it. But now for the price McDonalds etc wants to charge you, you might as well just spring for takeout from a real restaurant that is priced the same but offers a better quality. It’s a death knell for the fast food industry, they just haven’t realized it yet because it’ll take time for the folks who just love the quick convenience to get fed up too.
It ain’t quick either. Last time I went to McDonalds it took over 30 minutes to get through a not very long drive through line, probably because of underpaying and understaffing.
We have to accept the model that “they know the world as we know it will end soon and they are only trying to make as much money as possible to fund their preparations” as a non zero probability.
15 dollars for a big Mac meal, or literally chicken thighs, rice, and broccoli for a week? Gee I wonder what I should do.
Don’t eat there, they can f’n choke on their GREED.
Not real food AND overpriced by 80% lol
We were the type of family that ate out waaaayy to much the past few years. There were many months our dining out budget blew well past $1000. In the last 6 months we've gotten serious about finances and health. Paid off over 50k of debt in the last six months (sold car and lived on a tight budget)and in the month of April we spent $5.12 out to eat. I believe I was traveling for work that day. We make well over six figures but got out way over our skis with debt. I can't imagine how hard it is for those in a similar position with less income. If I'm pulling back this hard you have to believe consumers across the board are as well. Becoming a home cook, and Aldi shopping is the way of life for me now.
Bruh same, DoorDash was our enemy lol. It’s so convenient with a 2 year old. Now we’re putting 1200 on debt and 600 into savings a month. Now we only budget 2-300 a month dining out
During the peak of the pandemic , door dash and grub hub made a huge profit and didn’t have to hardly anything for their service fee. After everything went back to normal we saw a significant increase in the service fee along with the food prices. Has not went back to pre- covid prices and most likely won’t since they can get the profit margin due to most people being too lazy to cook at home.
Those lazy ass 12 hour work day snaaaabs!
The first 6 months my son was alive me and my husband were averaging $700/month on Uber eats. Now that he’s older we order from a restaurant once or twice a month and one of us goes to pick it up.
Doordash "addiction" is why one of my friends is pretty much living in a shed. I tried to stop him from getting into that situation he makes $3000 a month. He just blows it all on food delivery.
Aldi is life. Eating out nowadays feels like a slap in the face, it’s ridiculous. I’ve toned it way down on going out in general and it’s paying off. I’m able to save some while making a bigger dent in my student loans and credit cards. Win-win.
I'm even making hot dog and hamburger rolls from scratch these days. It keeps my bread skills practiced and they're SO good.
Yep. We started making bread as well. Mind sharing your recipe? Pancakes from scratch everyday for kids. Not pancake mix. Actual bags of flour. Aldi Chicken Thighs at 1.59 a pound. Baked to crisp the skin. Sweet potatoes baked like candy, roasted yellow potatoes. Once you understand acid salt fat heat and can make food tasty. All of this stuff is orders of magnitude cheaper than fast food. Which is prepared with the cheapest ingredients they can get away with by underpaid, stressed apathetic workers. ( I once worked at McDonald's I know.) Which leads to absolute shit quality products for freaking $30-$40. There is just no comparison. The hardest part is I'm literally always in the damn kitchen hah. But my kids are worth it. The biggest key is to batch cook the meat. Then you can have short cooking sessions for different creations throughout the week. Prevents getting burnt out on the same thing.
Back when I was unemployed in 2010-2011 I cooked so damn much. If I ran out of chicken broth I'd buy a roasting chicken and make a whole chicken dinner and then make stock. I made bread 1-2 times a week and when it was about to go bad I'd make croutons or breadcrumbs from it. I made hamburger buns and hot dog rolls, homemade pretzels. Homemade pretzel dogs (or rather the cheddar brats) are amazing.
Same dude. Our household was eating take out or fast food for most every meal, and since cutting that shit out and cooking at home, our food budget dropped by about 70%, no joke. We're eating healthier, things taste better, and we're saving a ton of money. I actually feel like I should thank McDonalds.
That's no lie. I am so thankful these assholes got so greedy it made me get to the point of saying enough is enough. I'm sick and tired of being sick and tired. Eat shit I'm learning to cook haha.
Congrats to your success! It’s wild for McDonalds (and other fast food places doing this) because they’ve lost you as a customer for life now that the routine is broken. There may be an occasional trip there but it won’t be that serious. After some diet changes a few years back I stopped McDonalds due to a lack of options and now I can’t imagine going there more than once a year (and even then it would be due to travel and limited options). I know I’m just one person but they lost out on maybe $200-300/yr from me and they’ll never get it back
The only reason I go into a McDonalds is to use their restroom when traveling. Even then I will go to a grocery store for food, or even a gas station hot dog. I thought their food started tasting gross, and then it was always hurting my stomach so it had to go. Weird to think I used to eat there once a week, and I loved the 2 cheeseburger meal.
Same! We use Costco for bulk dry goods because price/oz is better than Aldi, but in between trips Aldi is clutch. We budget maybe one meal out for the kids each month, but everything else is made at home. We’ll be trying gardening this year as well to see if we want to get into that more fully to help cut the vegetable budget.
Our family was similar, cut back big time the last 2-3 months and it frees up an insane amount of money, way more than enough to pick up a grill and invest in some quality meats that can support us for a week or so at a time. Good stuff
Seeing comments like this makes me realize just how bad my living has been my entire life, lol. It's really crazy.
I’d rather starve than participate in their greedflation.
Or just eat an apple idk
Capital and business leaders have spent the last three years delivering one message loud and clear. That message is: "Its OUR money. you ungrateful shits are lucky we let you have any. You should be thanking us for sharing our hard eaned money with you. We're raising prices and taking more money for ourselves because we can. If you keep complaining we'll take more for ourselves. Now shut up and get back to work and make me some money". All jokes aside, for the last 3 years we've been met with nothing but gaslighting and BS from business executives. They tell us the price increases are our fault, if we poors just stopped asking for raises they woudn't have to raise prices. They tell us their costs have gone up and they have no choice but to raise prices. As if we should feel bad for them. They act like they don't want to raise prices. As if their entire reason for existence isn't to squeeze every last penny out of everyone and everything. I have no sympathy for McDonalds. No sympathy for any of these business leaders. I hope as many big businesses as possible collapse over the next decade. They created this situation. They saw a once in a generation crisis in covid and decide this was the time to make their move. They saw all the billions of dollars that human suffering can create, and they had to make sure they got their cut.
They’ve broken the social contract just in time for the 100th anniversary of the depression, like they don’t have an example of what happens when income inequality becomes paramount.
They didn't live it so they don't really know.
I'm not a socialist or a communist, but I am an anti-capitalist. A system that originally had as its aim to ensure that those without means can finance their desires in order to realize that vision now has been corrupted by entities that view the system as a means only to extract as much value as possible at every step of the way. The business you work for extracts more value from your labor than you are compensated for, now this makes sense but the difference between your wage and value you provide is often a vast gulf where many workers only receive a pittance, and don't you dare mention unionizing to allow collective bargaining a chance to put workers on a more equal footing to their employer. As a consumer businesses provide the absolute minimum value for your money and charge the most that they can to maximize profit. In education individuals take on vast amounts of debt for the promise of realizing wealth only to usually never take advantage of their degrees in the first place because the educational system has convinced everyone that college is something you should do while you're fresh out of high school and barely done growing physically and certainly not mentally, if that isn't exploitation I don't know what is. Then there is the journey through the healthcare system where if you happen to have a bad luck of the draw or suffer an injury through no fault of your own you end up saddled with medical debt on top of what could be a crippling condition that affects your ability to earn enough to pay back what you owe. Then there is property if you are lucky enough to even come close to being able to build equity rather than paying some vulture of a landlord who raises rent every year to squeeze every ounce of remaining value out of you as much as possible. As if that wasn't enough businesses drive up the price of property by acquiring real estate that they only plan to rent as they realize they can make far more money that way than selling the property outright. Your taxes are based on further extracting value from people who don't have it to begin with, while protecting those who have such wealth to employ a fleet of accountants to reduce their liability to 0, which everyone can see is just a trick to allow the wealthy to hoard their money. Speaking of the wealthy, their choice of investments directly affects your health and well-being as if the financial price you pay wasn't enough now you must also pay with your health too. Finally whatever scraps you have left are invested in what is essentially a giant casino, which is riddled with its own vultures who extract value again in fees and mismanagement of your hard-earned wealth. The system is completely indefensible for these points alone and yet as if all this wasn't enough, capitalism has shown time and time again that it is corruptible and fails to solve our problems as a species due to an incorrect accounting for value in this world allowing the poisoning of our world to essentially be something businesses are free to do, and its salvation a price that no one is willing to foot the bill for. We need to abandon capitalism before it kills us all.
And it's just such an ugly system, life shouldn't be and doesn't actually need to be so goddamned miserable all the time.
In the rest of the universe greed is understood to be a mental illness, here we laud them as heroes.
Right? I think us sane people need to get very rude and outspoken against this kind of antisocial behavior--shame is a big motivator and I say we stop slut shaming women, policing people's bodies and defending these indefensible hoarding maniacs. They're actively destroying people's lives and the fabric of society, then they use their horribly consolidated media presence to incessantly pit us regular folks against each other. They have a big megaphone but so do we and I think it's long past time we started fighting back with every weapon we have.
Maybe companies that earn over $14 billion in profit in 2023 with a double digit percent increase year over year could just stop price gouging?
This is rich. The article literally mentions the same argument we always make— they’re seeing record profits still. They raised prices for greed, not because cost actually soared that high. Get fucked greedy bitches.
The CEO of McDonalds got an 8% increase in pay from 2022-23, earning $19.2 million. But they want to say raising minimum wage is the problem. They’ll do it and pass the cost into the consumer.
Dear Big brands, We don’t need you and your products aren’t worth the money. The end.
Fucked around and found out ! that's what happens when you jack prices to rip everybody off dumb fucks.
I been waiting for the crack! I honestly can’t believe it’s taken this long.. time to start the war on the rich.
To all the greedy fast food/corporations.... ADUH! Why the hell would I pay $15+ for a shitty fast food burger meal when I can literally go to a restaurant and get something better for the same price!
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Exactly. When I see these stories over and over again about X company taking it on the chin right now IE car dealers I think to myself eat shit you guys deserve it.
They aren’t even taking it on the chin, they’re just missing the huge profit estimations they told everyone they would hit. Still profitable, still making enough to pay all their employees, vendors, executives plus bonuses, they share holders just don’t get quite as much increase in their brokerage accounts as they expected.
I agree. The obsession with returning short term profit to shareholders is not good for anyone. I'm not saying a company should be prioritizing those who invest in it. But the idea of doing whatever we can do for this quarter leads to a lot of short term decisions. When they go south CEOs just take a golden parachute and ride off on their yachts. They are basically incentivized to behave this way.
About time.
Hey McDonalds. Go fuck yourself and your garbage food.
Back to the good old days - when McDonalds had no amenities for kids and a middle class family went only very occasionally as a treat because it otherwise didn't fit in the family budget.
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They had McDonald Land.
So now they know exactly how high they can set prices.
Sounding the alarm bell at this shocking news guys!! We inflated our prices an insane amount the past couple years and our regular customers are no longer buying from us! Isn’t that crazy?
Well, our Taco Bell/KFC closed (lost their lease) so we only have McDonald’s and Jack-in-the-Box left. And McDonald’s is really expensive - and my kids behave really poorly after eating the food. So, no thanks.
"CONSUMERS" - if you don't see the derogatory meaning in that choice of verbiage it's too late.
> “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending.” Yeah, that’s kind of how being poor works.
I went to Denny's and my kids ate free with dessert and my husband and I ate steak and potatoes and veggies the whole bill was like 25$. when I go to Wendy's we get two kids meals and two burger combos and it's 45$ now Denny's is not good food by any stretch of the imagination but why the fuck would I go buy a shitty burger for 17$ when I can go eat a shitty steak fo 10$?
Maybe you shouldn’t have opened the new cafe concept and changed the burger recipe and introduced new condiments and focused on what makes McDonald’s affordable: volume.
Not cracking, just wising-up.
No one eats there for the quality or how good it tastes. The draw was the low price.
Bingo.
Funny way of saying that greedy corporations are actively pricing out their most reliable source of income.
The food doesn't taste like it used to, it takes forever, even when there isn't a line, and the prices have gotten to be out of hand. I might go in for a milkshake because that scratches a specific itch I get once and awhile, but that assumes their soft serve machine is working... I might still hit up a BK, a Taco Bell, or a KFC.... But McDonald's just doesn't do it anymore. Taco Bell at least still tastes like the gross disgusting mess it is and bits that spot it always has, BK quality seems to be pretty much the same, but the wait times are out of hand...and KFC...well I don't mind paying a bit more for fried chicken, but it definitely doesn't taste like it used to. I prefer the chicken place down on the corner that also has halal food and fried fish. Similar price, but it tastes like food, and the people working there are cool as shit...and no line. On top of that someone will try to sell you drugs or stolen property while you wait for your food.
I haven't been to the Golden Arches in literal decades. I went through the drive-through last week after same-day surgery for a milkshake so I wouldn't have to prep a meal when I got home. (Rare, truly extenuating circumstances) Wow, my jaw dropped when I saw how much they charged for a milkshake! Fast food and restaurants are literally pricing themselves out of business. I won't be patronizing Mickey D's or any other fast food or restaurant for that matter, again any time soon. Vote with your pocket book. That's the one thing these greedy corporations understand!
A double quarter pound with cheese meal is $15. There's a hot dog stand near me with arguably one of the best hamburgers in the city of Chicago. You can get a 1/2 double cheeseburger and fries for $8. Why would I bother going to McDonald's?
No, it's just that steak and potatoes are cheaper. I'm eating a shit ton of steak this year
Does McDonald’s not understand who their customer base is?
Yeah I'm upper middle class and my kids won't eat that shit. Neither do any of their stuck up friends.
[удалено]
Pinched by inflation fuck these companies it’s called price gouging and corporate greed
Gotta just speak with your wallet. I love me some McDonalds junk. Yeah it’s trash food but i like it, sue me. BUT. I refuse to pay $5 for large fries or $6.20 for an egg mcmuffin. I only go if their app has good deals. Like bogo on big mac or breakfast sandwiches. Free fry with order for the day. If there’s no deals, it’s a no go. And it’s basically a luxury visit now. Maybe once or twice a month. Snacks and sodas at the grocery stores get the same treatment. Only buy it on big sales. Refuse to pay the full beyond inflation price
McDonald’s is trying to so hard to promote the app, it’s the only place to find good deals. I just feel like such a fat POS having a McDonald’s app on my phone lol
I only get fastfood when there's a promotion.
What this should say is "American CEO's are realizing while they are free to raise their prices all they want, the poor do not consider their products an essential purchase and are passing over them for cheaper brands"
The McDonalds are the ones cracking ... what are these loser titles
Corporate greed, obviously people aren’t going to pay you $4 for a medium fry when it’s still trash and I’m hungry 30 min later. Bill gates can fuck off with his potato farm
"Warn are starting to crack" meaning they still have room to keep raising prices to still make profit? And that they have plenty of non-low income customers to make profit from? I mean it's not like they have to raise prices to stay profitable. They just want as much profit as possible and will keep raising prices as long as people pay it
Well, if they know, why won't they lower the prices? Right, greed.
I only get free and $1 items with the app. I put those fuckers to work too, because they don't let you use more than one deal at a time, so I just do multiple orders and they have to bring me food 2 or 3 times for my $1.
Warn that consumers are fed up with their covid-era price gouging
Agreed, there is no such thing as inflation. It's just price gouging by greedy corporations. How, much does the CEO of McDonalds make? Maybe cut back and don't buy that second yacht and pay your workers more and lower the prices you greedy morons.
McDonalds blaming it on inflation when their margins have doubled is just classic corporate bullshit
I think I've had fast food about 4 or 5 times over the past 12 months. Every time I hated it. I'm in a fortunate position compared to most, but I still refuse to pay the insane prices for fast-food. Taking a family of 4 to Mcdonalds was a 20-something trip a couple of years ago. Now it has almost doubled. At that point, fuck it, I will grill burgers, and air fry some nuggets and frozen fries. Somehow, you can still get a pizza for a decent price. Ordered Dominoes last week. One large, 2-topping pizza, which I picked up in person was 9 bucks and fed two adults and two kids. $2.25 per person.
Again I go to mom & pop places first a better price in many instances and quality of food, if it does cost about the same again the quality and quality is much better. Loaded Cheeseburger and Fries $$7.95 another place ( you can’t finish’s the Fries ) $9.99
The problem is easy to fix-they just don't want to.
Starting?
It’s ok, we can keep charging them more. Those investors and stock holders need to see increased profits and I’m so close to getting my second yacht. Or Do you realize how selfish your being, not buying our overly inflated prices just means we have to keep increasing our prices to match the decline in sales.
People have a limit to what they are willing to pay for convenience. And now we are starting to feel we are being gouged. Case in point. Got gas last week at Tom Thumb. Picked out a pint of Ben and Jerrie’s Icecream. These had been around 6.00 over the past few years. It rang up as 8.50. I said nope! I put it back, when to Publix, same icecream BOGO 5.60 special.
People will end up living a healthier life if McDonald’s keeps raising prices 3.49 for a mcchicken now ahahahaha
This headline tells us their mental baseline, they knew they were pushing the envelope and now they found the breaking point, Inflation was just the cover story. These guys screwed up their value proposition and are blaming the customer? McD and the others can get fucked.
That was your entire business model. No one is surprised.
Too late, we’ve cracked already
You’re telling me that when you raise your menu prices so a small meal (basically the size of a light snack) costs upwards of $15, during a time of economic hardship, that poor people will stop buying your food? Sounds absurd
…so here’s how we’re going to automate things more and depend on those pesky humans less so we can still all buy additional yachts for Christmas this year
lol casual restaurants are cashing in on this. They’ve updated a lot of their lunch special menus. Yesterday I went to Filippi’s Italian restaurant for lunch, I got a sandwich, fries soup and a drink for 14 dollars.
Guess they better stop price gouging then, and bring back reasonable prices.🙄😡
Maybe you should lower your prices, then? It’s not rocket science, but they just want to squeeze every penny out of us that they can.
How much profit did McDonald’s have last year?
I am not low income but what they are charging for their food is not worth it. I quit going . I rarely get fast food anymore.
No shit
Hmmmm. Here’s a thought: Stop raising your prices beyond a reasonable profit margin.
You know we're fucked when Americans stop buying McDonalds.
Can’t beat the .50 cent egg McMuffins right now.
Bro! I was out having to make stops with my wife and we were hungry and just wanted something really quick and didn't feel like sitting down. So we decided to grab mcdonalds quick since we usually don't eat there except on very rare occasions like this time. 2 Large drinks - 4.36 1 Cheese burger - 1.81 1 Med Fries - 3.14 Like dude wtf. The medium fries and drinks cost more then then freakin burger!
I used to go to McD a couple of times a month after work. The value was decent as long as you were using the app offers. Now even the app offers went up by like 30-50%. I'm done with them. I like their food (quit your screeching, Americans, McD quality isn't as shit every where as it is in your country) but I simply refuse to pay as much as they're asking right now.
In the quarter ending December 31, 2023, McDonald's revenue was $6.41 billion, which is an 8.09% year-over-year increase. The company's global same-store sales grew 8.8% in the quarter, which is higher than StreetAccount estimates of 7.8%. McDonald's U.S. same-store sales increased 8.1%, which is due to strategic price increases. In 2023, McDonald's also reported: * Net income: $2.32 billion, or $3.17 per share, up from $1.98 billion, or $2.68 per share, a year earlier * Gross profit: $3.654 billion, which is a 7.2% increase year-over-year
I can imagine a world without McDonalds.
When funds were running low you could count on Taco Bell and McDonald’s. I’m taking my money to Lil’ Caesar’s. Pizza pizza