McDonalds Are Themselves Lovin’ It, ‘It’ Being Their Third Quarter Profits
While America does those organic food shops you get in posh boho areas on a massive, retail-park level with Whole Foods and Trader Joe’s, it appears that when recession hits, most people are going to forego the alfalfa sprouts in favour of the $1 cheeseburger.
McDonald’s is the latest mega-brand to post its 3rd quarter sales figures, which are 6.2% higher than last year. Apparently its the dollar menu that’s bringing it all in, as people start to feel the pinch. And it’s not just in America – us lot are heading Arches-ward more than ever before, helping create a record rate of 100m McDonald’s customers a month.
The $1 double cheeseburger is the most popular item, but its future in a world of rising meat prices is uncertain, meaning its price could skyrocket to $1.19. Well cry me a river – that’s only 76.0466p at current rates. Not exactly likely to drive people towards the locally-sourced okra.
Whole Foods on the other hand had a terrible third quarter, with net down 31% to 24 cents a share. So with the downturn in the economy, we can expect a downturn in the health of the poor. Forget Rotherham, Jamie Oliver, America needs you!
Posted by Ben Beaumont-Thomas in Other | October 24, 2008 9:37AM |
October 24th, 2008 at 3:07 pm
You can’t have a $1.19 cheeseburger – $1 is the limit, that’s the whole concept. They’re just going to have to make it smaller – recession size – or something.
April 2nd, 2009 at 6:50 pm
Hummm…. well @ $3.39/lb a Quarter pound patty w/out Antibiotics or Hormones would work out to .8475 cents… of course, you still have to grill it yourself.
http://74.125.47.132/search?q=cache:8EGe6pCZP_kJ:www.wholefoodsmarket.com/stores/cobb/specials.pdf+whole+foods+3.39/lb+meat&cd=2&hl=en&ct=clnk&gl=us
Much Love,
Andrew
April 10th, 2009 at 8:11 pm
I think it’s largely down to perception. The healthier options are seen as a middle-class luxury. When people feel that the future is uncertain, McDonalds will seem the more prudent option.
April 28th, 2009 at 3:16 am
i think that people shouldn’t eat that food, i like Mc Donald’s food but i don’t eat usually american people shoul stop eating that!!!! they are going to die!
From the best cauntry! Not Usa.!
November 8th, 2009 at 10:27 pm
I think the image of the MCD is still going down due to the rising of the Healthy trend.
But anyway, i love Quarter/Double Chess Burger!
haha
December 16th, 2009 at 11:15 am
these phat babes are worth some hamburgers. thats right!
August 4th, 2010 at 12:01 am
i think that fat peoplee should be eating this food it is fatty and its not real chickenn people just want youu to eat itt coz they want to makee aussies fattt peoplee