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$18 Combos and $3 Hashbrowns got McDonalds rethinking all these price hikes.

konceptjones said:
here's a report on McDonalds' profits since 2010

McDonald's Gross Profit 2010-2024 | MCD

McDonald's annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. <ul...
www.macrotrends.net www.macrotrends.net

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Obviously we all can understand the dip in profits in 2020. But in 2021, McD's started raising prices on everything and decreasing staff in every corporate location resulting in a huge jump in profits and that trend has continued until last year. Same thing for Restaurant Brands, owner of Burger King, Popeye's, and Tim Horton's: an expected dip in profits in 2020 followed by increasing profits ever since.

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to be fair tho, the McD's list is for "gross" profit

gross profit is the money listed before all of their bills get paid


I don't expect the "net" profit to be down that much in the end

but the diff between "gross" and "net" profit is usually significant enough that you should recognize the distinction
 
StringerBell said:
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This reminded me of this video i saw a month or so ago on YT. Think i posted it on here but i dont remember

America’s largest meat producers are reportedly fixing prices. Tyson, Hormel, and Cargill are using a little-known technology—Agri Stats—to share secret data and make your groceries more expensive. It’s one of the biggest conspiracies in corporate history.-----More Perfect Union’s mission is to build power for working people. Here’s what that means:We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions.We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.
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