News@lemmy.world · 5 months ago

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

www.cnbc.com

119

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McDonald’s earnings, revenue miss estimates as consumer pullback worsens

www.cnbc.com

donnager@lemmy.world to

News@lemmy.world · 5 months ago

119

McDonald's earnings, revenue miss estimates as consumer pullback worsens

www.cnbc.com

McDonald's stock has fallen 15% year to date, dragging its market value down to $181.2 billion.

Looks like McDonald’s is reaping what it sowed. Shit food at shit prices and no one wants to buy?! SHOCKER.

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  I don’t see how that’s relevant. They still want to sell food. They can coast for a while, but this isn’t good for them regardless.

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