McDonalds CFO presented at the Bank of America Consumer Conference this week and gave much interesting information. Breakfast is their weaker daypart in terms of sales growth currently, down slightly, while lunch and dinner were up. Delivery is proving to be incremental sales and profit dollars thus far, despite commissions paid. Profitable delivery was associated with younger, urban consumers in dinner & late-night dayparts. Delivery profit margin percentages per transaction were lower however. He claimed they were happy with the $1/2/3 menu, providing value customers an option but not eroding margins much. On remodels, they reported a full one was generating 4-7% sales lift, but lower scope remodels only about 1%.