Both McDonalds and Starbucks made news this week via investor presentations and SEC 8K filings. McDonald’s reported that US same store sales improved in May to minus 5%, up from minus 19% in April. That improvement was totally driven by higher average ticket, due to larger order sizes. Later, in an investor presentation, the company…
Read More »All would agree it has been a very long 3 months for small business owners across the country – certainly including Dunkin’ franchisees, but steadily, Dunkin US sales conditions are looking up. On June 3, Dunkin’ posted a SEC update that showed US Dunkin same store sales (SSS) improving from -25% for week ending April…
Read More »That famous quote by Oscar Wilde (“Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”) seems to fit nicely when one reads the most recent SEC filings from Starbucks Corporation. Starbucks yesterday published an SEC note which was company CEO Kevin Johnson’s note to all Starbucks employees. In it, he essentially…
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