McDonaldโ€™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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Last time I went to McDonalds it was almost as much as a decent pub burger.

Why wouldn't I just go there and get twice the quality unless I was close by and totally pressed for time?

McDonald's has long forgotten what is supposed to be. Cheap, low quality food. Now it is expensive, low quality food. Like you said...you can get a better burger at a restaurant for the same price if not lower. Longhorn Steakhouse has a burger lunch special for $9.99

The Whataburger sweet g spicy burger combo is all of like $12 and change after tax. And that's the large size.

And their food is actually pretty good.

Whataburger

They always decent fasr food that was better than mega corps had to offer. Goot o see them still fighting the good fight lol

Just before COVID they had started to do a bit of a rebrand. They drove the prices up a little they had a decent chicken sandwich that was made of chicken breast. They brought in better buns the burgers were still s*** but the quality was a lot higher and the price was moderately higher. After COVID hit they scrapped all the fancy stuff for the menu and kept the high prices then inflation hit and they doubled those high prices.

Also there are fast food alternatives to McDonalds as well.

IMO, Wendy's has much better burgers. Haven't had Carl's Jr's in a long while but I remember their "$6 Burgers" were pretty good.

Burger King, the meat quality seems to have gone downhill. Like an unchewable but in each meat patty. They used to be my favorite.

Edit: the "$6 burger" is now called the thick burger since it now costs more than $6

Dairy Queen has a $6 meal deal with a burger, fries, drink, and a sundae. All of it far better than MCD.

Thereโ€™s also an option of chicken strips instead of burger if you want chicken instead of beef

I had Five Guys for the first time ever last year and I was surprised by how good their burger was. The prices were a little shocking, but the food was not bad.

Went to Five Guys and made the mistake of ordering the Grilled Cheese.

It was a burger bun, turned inside out, with a sad slab of half-melted American cheese between the pieces.

Never going back.

Just don't get the grilled cheese. Their burgers are fuckin bomb though.

And their Cajun fries are pretty damn good, too.

The only reason I've only ever eaten at 5guys once is the fact that the place is just stupid with peanut shells.

In Canada, A&W has cheaper prices for WAY better quality food. It was a few years back we were enjoying some "as a treat" and realized it was not just significantly better than McD's, but also much cheaper, and we decided we just weren't going back.

My household is partial to a couple of chicken buddy burgers in a time crunch.