I’m sure McDonalds seventh consecutive month of negative same store sales is due to the lingering effects of winter. It certainly has nothing to do with the middle and lower classes running out of disposable income. I wonder what excuse the Madison Avenue PR maggots are developing to explain the shitty sales that will be reported over the next six months. Or maybe Americans have decided to get in shape and are cutting back on fast food. Yeah, that’s a good one.
McDonalds Has Longest Stretch Without Rising US Sales In History
Submitted by Tyler Durden on 06/09/2014 09:07 -0400
Back in April when McDonalds reported its fifth consecutive decline in US comp store sales, the longest in decades, maybe ever, the excuses came fast and furious: ‘The U.S. has been difficult for them,” Jack Russo, an analyst at Edward Jones & Co. in St. Louis, said in an interview. “The weather has played a role, and I think the competition is a little bit sharper. We’ve seen better results out of Burger King and Wendy’s.” “Harsh winter weather and “challenging industry dynamics” weighed on U.S. results, McDonald’s added. So only MCD was impacted by weather, not the comps? Mmmk. But more importantly, there was hope so one could just ignore the present and past:“The month of April is going to be slightly improved so there are some positives out there” according to Russo.
Then April came and went, and the much awaited rebounds failed to materialize as McDonalds US sales posted an unchanged month. Perhaps it was the weather’s fault too?
However, what McDonalds will have a tough time explaining is why after almost hitting ‘escape velocity’ and nearly posting positive annual comps in the US, McDonalds just reported that May US comps once again dipped, declining by 1.0%, on expectations of a tiny 0.1% increase, thus cementing the longest period in our records database, a total of 7 months, in which McDonalds has gone without posting a single month of increasing US sales! We can’t wait for the company to blame the blamy balmy, spring weather as the reason why nobody could afford a 99 cent meal.
Motley Fool has a article explaining that raising minimum wage to $15 per hour, if profit remains the same, would only raise the cost of a burger .27 cents.
I don’t care anymore, there are so many variables involved.
Inflation, taxes, debt, regulations, rising energy costs, rigged markets, stupid voters that vote for more free shit. There is no way to stop the train wreck, raise the wage, close down business, lets get this over with so 99% of the people will beg the gov for benevolence.
lol
I eat at home.
I’m sure it has nothing to do with people waking up and realizing that McDonald’s food is utter garbage.
That Wendy’s coal making shit burger cost us almost twenty bucks. WTF? I imagine McShits are priced the same.
Saturday, at Trader Joes, we picked up a package of four freshly ground sirloin patties, 90% lean, for six bucks.
Fast food = shit food = expensive food. We’re too “poor” (and, smart) to partake in that shit.
I am continually amazed that anyone would eat their fare for any reason short of starvation. Have they no taste buds? Are they blind as to the human beings who actually work in these places? Most of them are folks I’d feel sketchy about handling my refuse, never mind my food.
I think anyone who hasn’t seen Super Size Me ought to do themselves a favor before they ever succumb to the base urge of eating the McStuff they push on the left hand side of the bell curve.
I imagine that McColonCancer will one day go the way of egghead.com and prodigy because killing your customer base with poison is a bad business model.
Egghead and Gateway. Two once great companies when they had brick and mortar stores that committed suicide by closing them all the switching to internet. Back in the 1990’s I bought all my puter shit at both of them. My last gateway desktop (top of the line in 2001) only went tits up a couple of years ago.
IT SURE IS LUCKY THAT MCDONALDS DOESN’T USE ACTUAL BEEF IN THEIR BURGERS
Young-Cattle Futures Surge in Sign of Higher Beef Prices Ahead
Consumers Are Already Feeling the Impact
By
Kelsey Gee
June 8, 2014 6:54 p.m. ET
U.S. prices for young beef cattle are soaring, a sign consumers may not see relief from high meat prices for years to come.
The record-setting market for “feeder” cattle, as the young steers and heifers are known, reflects dwindling supplies after years of drought in the southern Great Plains. The shortfall is being exacerbated by recent moves by ranchers to rebuild herds, which temporarily limit the number of animals entering the supply chain.
The lofty feeder prices are rippling across the beef industry, contributing to record retail prices for the red meat. Feeder cattle are lightweight animals sold to feedlots, which fatten them for slaughter and typically sell them to meatpackers when they are 12 to 22 months old.
Feeder-cattle futures have jumped 20% this year, among the best-performing commodity markets. On Friday, prices for August delivery, the front-month contract, rose 0.4%, to an all-time closing high of $2.0052 a pound at the Chicago Mercantile Exchange. CME +1.45%
“I’ve never seen prices like this before in my life, or ever dreamed that I would,” said Rob Fisher, the 64-year-old president of Oklahoma National Stockyards Co., which runs cattle auctions in Oklahoma City.
Consumers already are feeling the impact of higher cattle prices. Average retail fresh beef prices climbed to a record $5.496 a pound in April, up 13% from a year earlier, according to the U.S. Department of Agriculture. The recent gains in feeder-cattle prices are likely to translate into higher prices for hamburgers and steaks in the years ahead as feedlots, meatpackers and retailers pass along the increased costs.
Rebuilding the nation’s cattle herd can be a slow process, as a cow’s nine-month gestation period normally produces just one calf a year. That calf is typically kept on the farm to graze pasture grasses by its mother’s side for at least an additional eight months before entering feedyards.
The USDA last month projected that retail beef prices will rise as much as 6.5% this year, compared with 2% last year.
The $4.4 billion feeder-cattle futures market has rallied as recent rains in Texas, Nebraska and several other big cattle states have tempered drought conditions, providing more grass and water to nourish livestock. This has led some ranchers who had culled herds in recent years due to high feed costs to hold on to more cattle, including females they can use to breed more animals. The record prices for young cattle also have encouraged ranchers to invest in more cows to expand herds.
Although in the longer term, the held-back breeding cattle will add to the number available to processors, the rebuilding efforts are shrinking the number of animals currently bound for feedlots, forcing feedlot operators to raise prices to secure supplies. Last month, the number of cattle on U.S. feedlots fell 1% from a year earlier to 10.6 million, the 21st consecutive month of year-over-year declines, according to the USDA.
Feedlots also have been more willing to raise prices because their other big cost, corn used in feed, has tumbled about 30% in the past 12 months thanks to a record U.S. crop harvested last fall. As the price of the major feed input has dropped, operators have had more cash to bid for the tight supply of cattle in order to grow animals while running at or near full capacity.
Feedlots themselves have fetched record prices for slaughter-ready cattle this year from meatpackers such as Tyson Foods Inc. and Cargill Inc.
To be sure, some livestock traders warn that the rally could collapse if U.S. consumer demand for beef slows, creating pressure across the cattle industry. Prices for live, slaughter-ready cattle have fallen about 8% from a record $1.5195 a pound on the CME in February. If live-cattle prices fall significantly in the months ahead, margins for feed-yard operators could be squeezed.
“When you’re at the top end of a price range, you face the risk of the economy heading south or demand drying up,” said Don Roose, president of futures brokerage U.S. Commodities Inc. in West Des Moines, Iowa. “All good things come to an end.”
Still, analysts said it could take several years before the nation’s total cattle supply, which contracted 2% last year to a six-decade low, begins to rise again. And that will depend in part on continued improvement in pasture conditions, they said.
About 68% of Texas, the largest U.S. cattle-producing state, was suffering from drought as of June 3, down from 87% a year ago, according to the National Drought Mitigation Center.
Chloe Nunley, who helps manage her family’s cow-calf business in Sabinal, Texas, is among ranchers who have benefited from recent rainfall and higher feeder-cattle prices. Revenue at the ranch, which typically breeds about 2,500 beef cattle a year, has climbed about 18% this year, the 25-year-old Ms. Nunley said. “It’s been unreal.”
Improved pastures also have led to increased demand for the ranch’s female calves among other Texas ranchers, which have bought some to rebuild their own herds, Ms. Nunley said.
Some feed-yard managers said they have felt emboldened to take more risk recently because of the drop in grain prices and historically high prices for fattened cattle. Corn futures slipped to a three-month low last week amid speculation this year’s crop could be as large as last year’s.
“Nobody’s excited to go out and pay record prices for feeders,” said Blake Albers, whose family runs a feed yard with 20,000 cattle in Wisner, Neb. But “because the first two quarters of the year were excellent, our thinking is, ‘Let’s just go out there, feed cattle and see what happens.’ “
“killing your customer base with poison is a bad business model”
I’m still amazed how many clueless dupes continue to eat at McShits. It is poison. The crap doesn’t decompose. But McShits and every other shit-food restaurant simply can’t compete with buffets, most of which companies are reporting double-digit increases in growth. Morbidly obese Americans simply can’t get enough food at McShit’s without ordering 3-4 meals at the same time. Considering almost 3/4 of the population is overweight/obese, buffets are the only answer, especially with incomes falling. Would you rather get “all you can eat” or a skimpy McShit’s burger? The public has spoken, stuff yourself until you’re too fat to walk, then get on disability. It’s the American way.
AWD
What if McShits offered all-you-can-eat burgers and fries? How cool would that be?
[img[/img]
[img[/img]
[img]https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQ6A7ObQFTdLxvpraw7oRDV4ISntyAo56FV50nwvnPtjJU68qMQ9g[/img]
Could the proles be tiring of pink slime burgers?
Time to fire up the McRib again.
“For the drunkard and the glutton will come to poverty” Proverbs 23:21
Before we all get carried away, remember that McDonalds also provide some reasonable “Healthy Choices”.
I don’t know the situation in the US, but here in Australia their salad choices (e.g. Caesar Salad) are nutritious, tasty and reasonably priced. Not their most popular line though – we’ve been to a few outlets where they had “sold out” of salads – they only order the absolute minimum, otherwise they get thrown away at the end of the day.
Well, I have eaten at McDonalds (still spelled the same but called MAC-AHS in New Zealand) twice in 3.5 years. I carefully read the ingredients on the NZ McD’s web site and it is mostly tolerable but still fast food, probably the same (better) quality of ingredients as in the McD’s in the U.S. in the 1950s and 1960s.
Purely as far as taste goes, their New Zealand raised Black Angus burgers actually taste good and like you would expect a real hamburger to taste like. Still best to avoid and prepare your food at home from scratch as we mostly do (cheaper and better still).
STUCKY: I went to a Wendy’s once in the 3,.5 years I have been here. It sucked! Destroyed my insane nostalgia for Wendy’s. Actually, it reminded me that it tasted like I remembered and not like my nostalgia told it me is tasted: It sucked!! Bland, washed out meat, tomatoes and lettuce makes me wonder if they import form the U.S. instead of sourcing locally!
FYI, I have not eaten at one but KFC does crazy good business over here. For some reason, those over here of Pacific Islander or Maori background love it! I could not even force myself to try it for the record after seeing that they put MSG in their shit over here just like in the U.S.
🙂
Wonder if mcds marketing has anything to do with it? youknow that black 365 thing ? pissed me off ,wont ever eat there again .ya piss off most of your customers by targeting 13%of the population as opposed to the rest of he customers ,ya going to get declining sales .but if they did a white 365 betcha they would get a sales increase lol wouldn’t matter if they pissed off the 13 % then but omg thatwould be a business decision not a political thing