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

donnager@lemmy.world to News@lemmy.world – 531 points –
McDonald's earnings, revenue miss estimates as consumer pullback worsens
cnbc.com

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

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The shareholders probably care, but to the layman, expecting 6.61 billion and only earning 6.49 billion doesn't amount to much. They're not going anywhere.

as a shareholder i also do not care

As a shareholder you should be concerned about high prices, poor service, and filthy stores. Not sure why anyone would want to pay a premium for their product when there are much better options for the same prices.

more concerned with how the large fries box seems half empty every time now 😡😡😡

i had mcdonald’s for lunch today and was surprised how expensive it is now tbh. i know there’s no £1 cheese burger anymore but how is it £1.79

No offense but you’re probably not holding enough shares for them to care. Unless you own double digit percentages of the company then they couldn’t give a fuck what you think.

Looking at the stock price movement today, it doesn't seem like the shareholders care, in fact it went up a significant amount probably because they were thinking it'd be worse. They'll care if it continues to get worse, but for now they don't seem to mind.