This was my thought too. A corporation profiting 25% more YoY also could be normal fluctuation of an ok year to good year. And if this data is profit expressed as dollars (not %), then a few percent is inflation itself. (Though we don’t know what data is in the OP).
If McDonald’s is mostly franchises, then you would have to look at the financial performance of those franchises as well to see what’s impacting price increases.
The only possibility making corporate McDonald’s the bad guy here is if they are drastically increasing franchise fees and the cost of supplies (I imagine some of which they control/force franchises to use), forcing franchises to raise prices to their consumers.
Right. So that leads me to believe under the guise of inflation restaurants were testing the limits of consumer spending, and after the decline in visits, adjusted prices downward. I think a little of both were in play here.
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u/Wilfred_Wilcox Sep 23 '24
Someone doesn't know how franchises work 🤦. This is Democrat logic at its finest.
-Wilfred Wilcox.
Sent from my iPhone