Their stock price is doing great. What I like best about McDonald’s is their stock price didn’t take off until the famous Jackass, Warren Buffett sold his shares.
But the prices have gotten way too expensive for the food I like best.
Ten years ago, I ate there at least ten times a month.
Now, maybe twice a month.
I havea plan for McDonalds that has worked since trading began.
Sell food that is edible.
Sell food that does not taste like cardboard.
When I go into her shop to help Mrs. 2ndDivisionVet by handing out coupons in the mall (usually on a Sunday) I walk about 2,000 feet across the parking lot and cross the street to Burger King for our only outside-the-home meal. Their dollar menu is much more extensive than McDonald’s or Wendy’s and has better sandwiches. I get her one or two Whopper Juniors, while I might get a couple of their BK Bacon Burgers or some Classic Chicken sandwiches. Lots of food for about $5 or $6, which is all we can afford.
problem is that MickeyD’s reduced the size of their Kid’s Meals to appease Michelle Obama, and started handing out sliced apples instead of fries. My kids rebelled against it, and I sure a lot of others did too. They also increased the prices of their milk shakes but halved their size.
Crap for only a dollar is still a dollar for crap.
Two words:
Market Saturation
Amazing how some people can talk about the horrible food at McDonald’s, but then got to the supermarket, buy the SAME INGREDIENTS, and think their home-cooked food is somehow healthier.
...incredible.
Maybe because McDonald’s is a distant fifth place in fast food burger chains behind Steak n Shake, Wendy’s, Hardy’s and even Burger King.
The dollar menu works for me - the double cheeseburger for a buck may not be the best burger, but the value is great.
The McDonalds around me are horrible. The food is cold. Sometimes the meat tastes funny. The tables are never really clean and the garbage usually is full. The only time I go anymore is if I’m with my young nieces and nephews and sometimes I only get a drink. Perhaps the quality varies by region but for me, price is not an issue. I’m not going to pay even one dollar for garbage.
Back in the 60’s, the fries were cooked in beef taro lard,
and they used real meat. What made the burger taste so great was the dehydrated onion and sour pickle chips.
About 3 weeks ago I went into a McD’s and ordered a big mac.
When I got it it didn’t even look like the pic on their product board... I returned to the counter and asked to have a burger that looked like the one on their board...They laughed at me.... I said If you can’t give me the product that you advertise,I want my money back.
Great deal for $1!
We're going to go back and buy ten and stick them in the freezer for later.
Maybe this is why they're losing money on the dollar menu?
McDonald’s count use some instructions on hamburger making from Whataburger.