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originally posted by: xuenchen
McDonald's profits fell more than 30% last quarter.
Seems they're doing so good lately.
I wonder if they are trying to quell the minimum wage increase agenda?
But then again, if true, the losses would indicate bigger problems.
Could be a Global belch.
McDonald's Corp's - which has not given investors many reasons to sing the fast-food chain's "I'm lovin' it" jingle - on Tuesday said quarterly profit dropped by nearly one-third and warned that global restaurant sales will fall again in October.
Stock in the company, which attracted fewer customers during the third quarter, was off 0.6 percent at $91.05 in early trading.
McDonald's net income slid 30 percent to $1.07 billion, or $1.09 per share, for the quarter ended Sept. 30.
Tough U.S. rivalries, China food scandal pound McDonald's
Oh Oh !!
originally posted by: Kangaruex4Ewe
originally posted by: MystikMushroom
I love how everyone hates on McDonalds...If I ATS was a representative of the wider population, I'd think no one eats McDonalds!
Hey... I fessed up.
There was a time that I would go through the drive thru about once a week for a large fry and Dr. Pepper. I'm not a health food fanatic and am almost underweight , so I have no shame in it. If I'm really hungry I can eat a cheeseburger with extra pickles.
I have not eaten there in months though, because in all seriousness... they screwed up the fries. I don't know how, but they taste different now and leave a film in your mouth. They were the best thing since sliced bread IMO.