Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]
I have noticed this over the bad years and agree..Even poorer people in other countries buy status brands ,, and keep the cups and bottles and refill them with water !!! ( Mexico,India)
Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]