McDonald’s had a complicated worldwide situation to report last week on its earnings call with the sale of its Russian business and a large tax settlement paid in France. Notwithstanding, it beat earnings but missed on revenue by modest amounts. In the all-visible US market, same-store sales were up 3.7 percent – just short of…
Read More »Last week, the National Operators Association (NOA), the independent franchisee association for those in the McDonald’s system, polled its members in the wake of Corporate announced changes to franchisee contract renewals beginning next year. That polling echoed a similar vote by the National Black McDonalds Operators Association the prior week with 87% of NOA members…
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McDonald’s has been a model of consistency for most of its six decades of dominance in the quick-service restaurant world. Burgers, shakes and fries, prepared quickly – always tasting the way you expect, no matter where they are purchased – and at a price that’s easy to swallow. With the exception of its famous flops,…
Read More »McDonald’s Corp. reported Q4 earnings showing modest US results on Wednesday of this week with SSS +2.3% but traffic down 2.2%. Although average ticket was positive at +4.5%, one of the largest ticket gains in recent history, US traffic remains weak, especially compared to other international lead markets. Breakfast also is still weak – the…
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