McDonald’s same store sales seem to be slumping but you can bank on the fact that UK sales will double or even triple as parents show up to purchase items from their kids who are learning on the job.
McDonald’s Corp (MCD.N), the world’s largest restaurant chain operator, on Monday posted flat U.S. same-store sales in December, sending its shares down 8 percent and weighing on the entire restaurant sector.
McDonald’s cited softer consumer spending and severe winter weather for the flat U.S. December sales at restaurants open at least 13 months.
That result, the weakest monthly U.S. sales number since the company posted a decline in March 2003, spooked investors — who worried that consumers had begun cutting back on spending at inexpensive and traditionally recession-resistant fast food chains.
One thing I do love about the new McDonald’s near us, is that they have free wi-fi, and I can sit there and just relax and watch all the different people coming in and out in an effort to clog their arteries. Very cool.
One mistake I see many McDonald’s restaurants making, is their attempt to become more “upscale”. Keep the menu simple. It works.
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