Mcdonald’s has been systematically raising prices until they see resistance from customers. They’ve been bragging about it during earnings, and their EPS growth has been phenomenal. In my local area there are fast-food places that used to be more expensive than McDonald’s, but are now cheaper, and have better quality.
People are freaking out, getting dinner for mom, dad, and 2 kids from freaking McDonalds and having it be $30. For MCDONALDS.
No, that’s not an overstatement. $50 if you do Grubhub.
Mcdonald’s has been systematically raising prices until they see resistance from customers. They’ve been bragging about it during earnings, and their EPS growth has been phenomenal. In my local area there are fast-food places that used to be more expensive than McDonald’s, but are now cheaper, and have better quality.