Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl
General Discussion >> General Board >> Crazy McDonald's Prices Slammed
http://www.ozpolitic.com/forum/YaBB.pl?num=1699303221

Message started by whiteknight on Nov 7th, 2023 at 6:40am

Title: Crazy McDonald's Prices Slammed
Post by whiteknight on Nov 7th, 2023 at 6:40am
‘Crazy’ McDonald’s prices slammed after ‘menu increases’ confirmed
The fast-food giant has just confirmed “strategic menu price increases” are behind McDonald’s huge profits, sparking anger among diners.   :(

News.com.au
November 6, 2023

McDonald’s customers are lashing out after the fast-food giant recorded a huge revenue spike, which the burger chain credited to “strategic menu price increases”. 

The global food company, which has 1032 restaurants in Australia and more than 40,000 worldwide, recently announced its US revenue was up 14 per cent in the latest quarter, bringing in a total of $US6.69 billion for the three-month period ending September 30.

During an earnings call with investors, McDonald’s CFO Ian Borden confirmed the company’s US prices had increased in the third quarter, The New York Post reports.

Though he didn’t specify by how much, Mr Borden said McDonald’s expects to increase the cost of its menu items by just over 10 per cent for the full year — the second consecutive annual 10 per cent price hike.

McDonald’s has confirmed higher than expected profits in the US, crediting ‘strategic menu price increases’.

In Australia, McDonald’s has also admitted increasing prices, after Aussies claimed “Macca’s is way more expensive” than it had ever been previously.

“Like all businesses we are operating in a higher-cost environment, which does impact the cost of running great restaurants in communities across Australia,” a spokesperson told news.com.au in June.

“We will always work hard to provide our customers with great value.”

However the latest price hike admission has left Macca’s fans around the world furious, with many taking to social media to express their anger.

One fast-food diner from Connecticut recently shared their shock at discovering a Big Mac meal now costs $US18 ($A27.65) at his local Macca’s.


“These McDonald’s prices are nuts right???” a post by Sam Learner on X, formerly known as Twitter, read.

A photo of the menu appeared alongside it, showing various burgers at the shock price.

‘These McDonald’s prices are nuts right?’.   :(

Another burger fan revealed they’d paid $US16 ($A24.60) for a “happy meal”.

“So, I understand there’s a labour shortage, wage increases, and a number of other factors, but $16? $16 for a burger, a large fry, and a drink? It’s just crazy,” Christopher Olive, an influencer with more than 400,000 followers, shared in a TikTok video.

In the clip, he shows the receipt for his purchase, proving how much his order cost.

Both posts have garnered a huge reaction, with customers expressing their disappointment at the rising prices, suggesting the burger giant is no longer affordable for many.

“I remember when a big Mac meal was $2.99 I’m that old,” one remarked.

“If I’m spending $20, I’m going to a better place than McDonald’s,” another agreed.

As one declared: “It’s officially not convenient or affordable anymore.”

Christopher Olive paid $US16 ($A24.60) for a ‘happy meal’, labelling it ‘crazy’.

Locally there have been similar gripes from Australians, though it’s worth noting, it is hard to compare prices efficiently due to the fact each McDonald’s is a franchise, meaning individual owners all charge slightly differently for the same food items.




“It’s insane, Macca’s is more expensive than sit down restaurants for the same quantity of food,” one Aussie lamented on Reddit recently.

“A cheeseburger cost me $5 today, but I remember when they were only three bucks,” another commented.

McDonald’s Australia hasn’t released its annual sales figures for 2023 yet, but reported a record high of $2bn last year.


Title: Re: Crazy McDonald's Prices Slammed
Post by chimera on Nov 7th, 2023 at 6:47am
Yeah the Scottish are like that. And they kicked out all their customers in the Clearances.

Title: Re: Crazy McDonald's Prices Slammed
Post by Bobby. on Nov 7th, 2023 at 6:58am
Hi Sir Crook,

Is Maccas safe for human consumption?


https://www.ozpolitic.com/forum/YaBB.pl?num=1651216725/0#0


Title: Re: Crazy McDonald's Prices Slammed
Post by Jovial Monk on Nov 7th, 2023 at 7:12am
YUCK!

Title: Re: Crazy McDonald's Prices Slammed
Post by whiteknight on Nov 7th, 2023 at 7:15am
Hi Bobby, I think one cant go past the local fish and chip shop.  Much better food, and better prices.   :)   

Title: Re: Crazy McDonald's Prices Slammed
Post by Bobby. on Nov 7th, 2023 at 7:21am

whiteknight wrote on Nov 7th, 2023 at 7:15am:
Hi Bobby, I think one cant go past the local fish and chip shop.  Much better food, and better prices.   :)   



I agree - the local shop will make a much better hamburger.

Title: Re: Crazy McDonald's Prices Slammed
Post by Dnarever on Nov 7th, 2023 at 12:56pm

whiteknight wrote on Nov 7th, 2023 at 7:15am:
Hi Bobby, I think one cant go past the local fish and chip shop.  Much better food, and better prices.   :)   


My local fish and chip shop have also priced themself out of the market.

KFC is no better, Oporto much worse.

Title: Re: Crazy McDonald's Prices Slammed
Post by Dnarever on Nov 7th, 2023 at 12:56pm

Bobby. wrote on Nov 7th, 2023 at 7:21am:

whiteknight wrote on Nov 7th, 2023 at 7:15am:
Hi Bobby, I think one cant go past the local fish and chip shop.  Much better food, and better prices.   :)   



I agree - the local shop will make a much better hamburger.


Yes for twice the price.

Title: Re: Crazy McDonald's Prices Slammed
Post by Dnarever on Nov 7th, 2023 at 12:58pm
I was recently in a regional town, food prices were much more reasonable. I don't know why.

Title: Re: Crazy McDonald's Prices Slammed
Post by AusGeoff on Nov 9th, 2023 at 2:28pm

This is the November 2023 McDonald's Price Listing:

https://www.frugalfeeds.com.au/mcdonalds-prices-menu/

Seems reasonable, considering some of the
bougie set's burger prices in Carlton or Fitzroy.


Title: Re: Crazy McDonald's Prices Slammed
Post by aquascoot on Nov 9th, 2023 at 2:36pm
the only reason to go into a mcdonalds is to sit down and eat a carrot and a cucumber .

you will feel the hatred of the chode for failing to conform to mediocrity.

this builds will power, resilience and self respect.



rule number 1

hatred from inferiors is a key indicator that you are on the right path
if you want to be successful, you need to seek out the hatred of those who are failures .

most people in the masses are .....
1 fat
2 not in a relationship they are passionate about
3 and have less then 1000 bucks spare cash

if you dont want to be like the majority
start by not being like the majority  :) :)

Australian Politics Forum » Powered by YaBB 2.5.2!
YaBB Forum Software © 2000-2024. All Rights Reserved.