CNN The Lead With Jake Tapper July 7, 2024
customers have mostly shrugged off the higher menu prices and the revenue has gone up. whats going on there? >> both of those companies, walmart and mcdonalds are facing higher costs as is practically every company right now. the difference however is mcdonalds has been able to pass on some of the higher costs. walmart cant do that as much because their whole brand is centered around being a low-cost retailer. its having to eat some of the costs and thats why its warning about profit. ...
Source: archive.org