Bad health isn’t cheap & quick & tasty though.
I’m in the camp of everything in moderation. McDonalds falls firmly in that camp.
Sometimes I just want to go to work on an egg (mcmuffin).
Sometimes I need it
McDonalds gets a bad press, its cheap fast food. They do listen and try and move with times and improve on what they offer.
I grew up with a high street that had chippies, kebab houses, greasy spoons etc. nothing healthy far from it and a lot of these outlets are still there, but for some reason people feel better about knocking McDonalds ahead of all these cheap fast food places
McDonald’s closing UK and Ireland restaurants due to coronavirus.
I don’t know why they couldn’t practically operate a delivery only and drive thru service with social distancing requirements.
Did you see the part where they say:
“We will work with local community groups to responsibly distribute food and drink from out restaurants in the coming days.”?
That sounds like they are liquidating their current inventory. Such as donating bread to foodbanks etc.
It’s because they’re closing all their Uk restaurants, like Nando’s.
Beyond Meat post market down almost 30% (missed earnings + McPlant)
All it’s franchisees and real-estate business.
Beyond Meat McFaceplanted.
A few interesting things to note with this company.
As Buffet likes to say about Coca-Cola, their brand recognition is amazing (as is their pickup rate among younger audiences)
They’re well hedged against risk, the franchises hold the risk for food sales.
McDonald’s money is in property/land - which generally is a better investment but they’re also secured against short-mid term fluctuations in the market thanks to their long-term agreements with the franchises.
Impressive pickup in emerging markets.
Quick @heytokyo order your large fries while you still can!
It was around 3:30 when you posted this. Go to sleep!
(meanwhile, opening up the McDelivery app)
Can you tell that to a toddler …
It’s hard to call what effect this will have, if any. The difference with the Russian McDonald’s is that they’re owned by the clown as opposed to franchised. This means the fixed cost centres are on MCD’s balance sheet.
The rouble has dropped so much that it might not be worth them trading is Russia.
Has anyone considered McDonald’s as a hedge against inflarion. After all, ‘[they’re] not in the burger business, [they’re] in the real estate business’
This is a good substack & twitter account to follow.