Skip to comments.Chart Of The Day: When $0.99 Becomes Unaffordable, We Have A Problem
Posted on 11/08/2012 10:59:05 AM PST by Perdogg
Earlier today, fast food juggernaut McDonalds reported same store sales for the month October. At -1.8%, this number was well below expectations of -1.1%, and a drop from September's 1.9%. It was driven by a 2%+ drop in comp store sales across all locations: US, Europea and APMEA, with the US performing just as bad as Europe. Most importantly, this was the first monthly drop in MCD comp sales since March 2003! So our question is: at what point does the perpetually self-deluded US population finally admit to itself that when even 99 cent meals are no longer affordable, that this country has a problem?
Charting the last 4 years of McD sales, and eagerly looking forward to 4 more years.
Steak and Shake is great. The prices are very reasonable, and my local one at least seems to be the last bastion of the cheery, smiling, hard-working 18-to-20 something employee.
My grand daughter stays with us 2 nights a week. She loves McDonalds Happy meal chicken nuggets. She wants a toy for boys. She likes the apple slices, but wants more fries.
I get a sandwhich and fries from the dollar menu and we trade fries, since I don’t need to be eating all those frys and a burger.
It works out fine for us. I haven’t noticed a difference in the frys. Course we live in a small town, and people around here have a tendency to have an independent streak, so maybe they are doing what they have always done.
You’re getting old? (:
Once in a while we’ll go through the drivethru and get sundaes for the family.
“How many did you say, sir?”
“Six? Really? OK”
Yep. I haven't had one in years. After the switch, I found even eating a couple of the new ones made me physically ill.
I'll still grab a .99 burger now and then if I'm on the run (and its actually cheaper than making one at home) but that's about it.
The service is horrible, and the food is blah. I have only gone 2 or 3 times since my daughter has been born and it was partly because I wanted her to be able to play on the playground. Both times at 2 different locations we were unsuccessful. We almost always will pass it up and go to Chick Fil A instead.
My kids love the apple slices. However, our McD’s put both fries AND apple slices in the happy meals. However, the fries are just not good anymore, since they quit using some “non-vegan” oil a few years ago.
An Angus Burger costs $4.50 after taxes.
“Im going to have to set a strict Chik-Fil-A budget.
One is just going in ONE MY ROUTE HOME!”
I feel for you. I feel the pain.
No, no, McD’s stopped using beef tallow because the health nazis claimed it was an evil, saturated fat and that fast food restaurants were trying to kill their customers. As if that makes any sense, but these are liberal busybodies we are talking about here.
The fast food places switched to trans fats, which not only make the fries soak up more fat, and thus, are higher in calories and fat, but now the health nazis have discovered that trans fats are bad. Once more, liberals believe they have all the answers and are wrong.
Hmmmm? The $10 million dollar settlement in ‘02 had nothing to do with it?
Did a search and came up with this: McDonald’s stopped using beef tallow at the store level in 1990 due to the health nazis. However, the plants that made the fries continued to add beef flavoring to the fries and that is when the Hindus got their turbans in a twist and sued.
So, are we both right? ;-)
You seem to be more righter than me. Thanks!