[toomuchtodo]

McDonald’s made $14 billion in profit last year. It’s not the labor driving the costs, it’s the profits.

https://news.ycombinator.com/item?id=44968997

Same with Chipotle.

https://news.ycombinator.com/item?id=45762671

Who pays the profits? Like tariffs, the consumer. You pay for these billions in annual profits.

[underdeserver]

McDonald's the corporation doesn't sell fries, they rent out real estate and franchise licenses.

What you really need to look at is the cost of labor for a random McDonald's franchisee.

[toomuchtodo]

> While menu prices did increase, costs rose by an average of just 1.5% –equivalent to about 6 cents on a $4 hamburger, down from the 15-cent increase reported in the September study.

Study: California's $20 fast-food minimum wage improves pay at small cost to consumers - https://news.ycombinator.com/item?id=43806608 - May 2025

https://www.axios.com/local/san-francisco/2025/02/27/uc-berk...

https://irle.berkeley.edu/publications/brief/effects-of-the-...

[kortilla]

What was their revenue and what was profit as a percentage of that?

If the profit percentage hasn’t increased, “record profits” is meaningless drivel that just means it kept up with inflation.