McDonald's Might Not Rebound Anytime Soon: BTIG's Saleh

Peter Saleh, BTIG managing director, restaurants, says McDonald's value messaging won't "turn the tide anytime soon." He speaks with Katie Greifeld on Bloomberg Television. McDonald's growth in comparable sales was 1.9%, slower than analysts polled by Bloomberg anticipated.
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[@CaneBTC]

Imagine selling a $10 meal at $20 and wonder why no customers.

[@CaneBTC]

@@Gus_Magnus If that was the case - 70s style inflation - salaries would have doubled as well. They didn't, hence no more sales.

[@lazynow1]

@@Gus_Magnus thanks to Democrats and Calipornia.....

[@CaneBTC]

@@Gus_Magnus Because printing was a mistake, the fed cannot control inflation much at all, but especially not inflation that isn't wage driven. The fed dropped the ball, now we all pay the price - stagflation seems likely.

[@lingth]

Thankfully McDonald's in Singapore is still at around $5 or $7 (SGD) for a meal.

[@ryanwalters6184]

Its a $5 deal at best

[@freedomrulesjavier3904]

Crappy food at higher prices...I think I'll pass on investing

[@Starsky8]

Why with all technology right now do we Need to hear this in such a poor quality? Have some respect for your viewers please, we also have zoom, teams international meetings every day and it’s never that bad…

[@JasonMcMullen]

Quality has gone down, prices have gone up. Why pay $15-20 for food that makes us sick

[@Rightround0846]

Katie is such a cutie 😍😍😊

[@Vince-jj8qs]

AT THESE PRICES THEY NEED NEED NEED TO GENERATE HEALTHY QUALITY FOOD. NOT A CHEMICAL WAREHOUSE OF BAD HEALTH. RIDICULOUS BUSINESS MODEL.

[@R0M8N]

Too expensive and bad food

[@ethanf.6848]

Start of the end.

[@Calvin23]

lol they’re not mentioning the elephant in the room. There is a boycott currently going because of Israel.

[@birdeyecloud6801]

The taste of MacDonald foods are too bad with over priced better to avoid it.

[@Vince-jj8qs]

same price as "Healthy" food and full of chemicals. Why even bother???

[@lingth]

Partly due to some boycott globally I guess

[@ThePresidentOfAustralia]

Trash stale over priced snack food.

[@prancer4743]

To expensive now 🫣

[@prancer4743]

To expensive now why buy a meal in MacDonalds no one can afford it 🫣🤔😳👀