Posted on 03/09/2015 4:13:51 PM PDT by SkyPilot
McDonald's MCD +0.6% worldwide sales fell a more than expected 1.7% in February, marking nine consecutive months of declines.
This comes a week after new CEO Steve Easterbrook assumed the top job. Easterbrook, who has said he considers himself an internal activist, is faced with reviving the lagging sales that cost previous CEO Don Thompson his job.
U.S. sales fell 4%, as the fast food giant continues to face heavy competition from fast casual chains like Chipotle and Panera.
Consumer needs and preferences have changed, said the company in a statement. McDonalds current performance reflects the urgent need to evolve with todays consumers, reset strategic priorities and restore business momentum.
Last week, McDonalds announced it would start to phase out the use of chickens that are raised with human antibiotics.
Sales in Asia, where the company is still being punished by customers following a food safety scandal last year, declined by 4.4%. Rebuilding brand trust by strengthening McDonalds quality and value perceptions is one of APMEAs top priorities for 2015, the company said.
Total sales were partially offset by a 0.7% gain in Europe sales, where the company saw strength in the U.K. and Germany but still faces headwinds in Russia.
The 1.7% worldwide sales decline reported by McDonalds was much worse than estimates of a 0.3% decline, according to analysts polled by research firm Consensus Metrix, and is telling of how much work the company has left to do under Easterbrook. Last month the company reported a 1.8% decline.
Shares of McDonalds declined 1% to $96.14 in premarket trading and are up 5% over the last 12 months.
(Excerpt) Read more at forbes.com ...
So Chicken-E!
Did you see the link for the latest fight in McDonalds? Seems Drudge had it yesterday or the day before and it’s gone...
McDonalds yesterday: One white girl beat to a pulp by 4 black thugs...
graphic:
well, I seem to have a special problem with McD burgers nowadays...they cause me to instantaneously belch.
so...
just speaking for myself,
I’m not sure whether the greater danger is from the wild customers ... or the burgers....there ....?
(I can eat competitor burgers without belching ... and I used to be able to eat the McD burgers too.....????)
My son was in the hospital three days after being severely beaten by a feral SOO. He’s lucky he’s alive and thriving. The perp is in jail.
Prayers for you and your family...
SEE IT: 4 teen girls attack victim in Brooklyn McDonald’s as dozens stand and watch (WARNING: GRAPHIC LANGUAGE AND VIOLENT CONTENT)
So sorry to hear that. Glad the perp is in jail; too bad it wasn’t sooner.
How horrible! I could not make it through more than 20 seconds of the video. It is just too painful to watch.
“SEE IT: 4 teen girls attack victim in Brooklyn McDonalds as dozens stand and watch (WARNING: GRAPHIC LANGUAGE AND VIOLENT CONTENT)”
More evidence of Feral Blacks “acting out!” And it’s long past time when there need to be serious consequences for this kind of aberrant behavior. Somehow Blacks feel that with Obola & Co. in the White Hut, that they are “entitled” to “get out of jail free cards” for whatever they choose to do. Sadly, today I wouldn’t trust the average black person as far as I could throw them because their hatred for whites is the rule rather than the exception. Oh how far we have fallen.
While I was advocating a “ThrowBACK Menu”, but looks like the “Throw DOWN Menu” is the real problem.
It’s a black girl with blonde hair extensions. She did pretty good, too.
Another poster said the girl beaten up was black... Not that it matters. Black girls shouldn't be beat up by a gang or thugs either. AND MCDonalds employee should have called the police and attempted to break-up the lowlife mob.
If McDonalds can't do better they should close stores operated in Black neighborhoods.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.