Bezzelbob OP , 1 month ago

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.

www.macrotrends.net/stocks/charts/…/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

www.macrotrends.net/stocks/charts/…/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.