This idiot obviously hasn’t seen the price of eggs lately, the price of labor, workers comp., the price of rent AND utilities GIVE ME A DAMN BREAK what the hell damn rock has he been living under the last 3 years YOU CAN BET being from Connecticut he voted for this!!!
My guess is, as others pointed out, this is a high traffic location so they can get away with higher prices. Maybe higher costs given the locale, maybe inelastic demand (this location can charge $5 more per item and it won’t change the demand much) - Or some combination.
We hold MCD stock. It’s been doing great. We almost never eat there. I had stopped on some mornings to get a coffee and occasionally a McMuffin. For burgers there are way better places.
Maybe this hedge fund is short mcd stock.