A Boring Dystopia

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"but- But- inflation go brrrr 🥺👉👈" (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 22 points 10 months ago (1 children)

This companies are able to generate billions in profit every quarter, let alone every year. They have also been reporting record breaking profits quarter after quarter for the past several years. I'm pretty sure the 17 y/o Burger flippers aren't the problem here.

https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/gross-profit

McDonald's gross profit for the quarter ending March 31, 2024 was $3.439B, a 3.77% increase year-over-year.
McDonald's gross profit for the twelve months ending March 31, 2024 was $14.688B, a 9.03% increase year-over-year.
McDonald's annual gross profit for 2023 was $14.563B, a 10.26% increase from 2022.
McDonald's annual gross profit for 2022 was $13.207B, a 4.98% increase from 2021.
McDonald's annual gross profit for 2021 was $12.58B, a 29% increase from 2020.

[1]Average franchise profitability at Burger King rose nearly +50% last year (2023) compared to 2022

https://www.macrotrends.net/stocks/charts/SBUX/starbucks/gross-profit

Starbucks gross profit for the quarter ending March 31, 2024 was $5.914B, a 0.06% decline year-over-year.
Starbucks gross profit for the twelve months ending March 31, 2024 was $25.104B, a 8.86% increase year-over-year.
Starbucks annual gross profit for 2023 was $24.567B, a 12.01% increase from 2022.
Starbucks annual gross profit for 2022 was $21.933B, a 7.93% increase from 2021.
Starbucks annual gross profit for 2021 was $20.322B, a 28.43% increase from 2020.

[+] [email protected] 3 points 10 months ago (1 children)

[removed by mod]

[–] [email protected] 4 points 10 months ago (3 children)

If I had to guess it would be for 2 reasons, humans don't like change so people that frequently go to McD will still go, and that all humans need food and a bonus of less people know how to cook

It's a scary thing to think these companies can just get away with shit like this but at the end of the day until we as a society boycott them - and I mean a legit boycott, not some 3 day reddit boycott - they'll find any excuse to fuck us for profit

[–] [email protected] 3 points 10 months ago* (last edited 10 months ago)

We're also in a society now where 2 people or 2+jobs are REQUIRED for a "normal life" unless you're a tech or finance bro. People just don't have the energy or time to cook, fast food is often "on the way home" and saves well over an hour and effort.

I'm "lucky" that I'm single, in that I can cook a weeks worth of food in one day and there's no one to complain about "this again?" In literally every other respect being single in this society for over a decade sucks.