Feb. 24, 2014, 11:47 AM
- McDonald's (MCD +0.5%) is considering longer breakfast hours due to strong demand from consumers for breakfast items past 10:30 a.m.
- It's a tricky proposition for the company due to kitchen space and speed of service issues.
- An exec with McDonald's said the company is at the "beginning" of the process to figure out how to roll out the service.
Feb. 24, 2014, 7:30 AM| Comment!
Feb. 20, 2014, 8:30 AM
- News that Gap increased its lowest hourly wage base could create a bit of a stir at McDonald's (MCD) which is the highest-profile minimum wage employer in the U.S.
- Though there is no indication McDonald's has decided to follow suit, it could strengthen grass roots opponents of the restaurant chain's current policy.
Feb. 10, 2014, 8:26 AM
- Shares of McDonald's (MCD) are holding up reasonably well in early trading, down 0.1%, as some strength in global markets made up for a soft performance in the U.S. during January.
- The read from McDonald's on U.S. fast-food traffic could create some anxiety in the sector.
- On watch: BKW, WEN, SONC, JACK.
Feb. 10, 2014, 8:08 AM| Comment!
Feb. 7, 2014, 2:31 PM
- P-E firms are paying more for large franchisees in a broad trend that could ultimately help valuations in the restaurant sector.
- The working theory is that private equity groups are bringing the multiples for franchisees back up to levels seen by brands - roughly 7X-10X EBITDA.
- If sales trends improve across the sector, the valuation rubber brand could get stretched out on publicly traded restaurants stocks.
- Related stocks: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, WEN, BWLD, THI, BDL, NATH, CEC, LUB, BKW, CHUY, BLMN, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN
Feb. 6, 2014, 7:02 AM
- McDonald's Japan (MCD) reports profit fell by close to 50% in 2013 as same-store sales dropped 6.2% for the full year.
- The forecast for 2014 calls for a 1.5% increase in profits to ¥11.7B ($115M).
- The company plans to close 74 outlets in the nation this year to mark a 2.3% reduction in its store count.
Jan. 29, 2014, 6:05 PM
Jan. 29, 2014, 2:12 PM| Comment!
Jan. 29, 2014, 11:18 AM
- McDonald's (MCD -0.9%) lists increasing coffee-focused visits as a top priority for its 2014-2016 strategy, according to an internal memo Bloomberg got its hands on.
- Though the company's brand reputation on drip coffee has improved greatly since McCafe was launched, its other premium coffee and espresso drinks haven't delivered the desired results.
- Some critics of the McDonald's strategy think customer service and wait times have suffered as the restaurant has put too much of a focus on trying to take market share from Starbucks and Dunkin' Donuts. They would prefer to see Mickey D's target Burger King and Wendy's.
Jan. 28, 2014, 12:57 PM
- An executive from the National Retail Federation testified before Congress today in an effort to convince the lawmakers that the Affordable Care Act should be modified.
- The group believes a full-time employee should be based on a work week of 40 hours and would like to see the heath care insurance coverage requirement be lifted to 100 employees from 50.
- Restaurant chains (MCD, BKW, DNKN, PZZA, YUM, WEN, KKD, BAGL, DRI, PLKI) operating under a franchise model have been impacted negatively by the Affordable Care Act.
Jan. 23, 2014, 8:31 AM
- The report by McDonald's (MCD) on Q4 shines a bright spotlight on the company's struggles on it home turf.
- The restaurant operator finished the year with a slip of 3.8% during December for comparable-store sales in the U.S.
- The company's outlook on capex spending and cost controls were roughly in-line with previous guidance.
- The positive spin from the quarter was that restaurant-level margin was better than forecast.
- The quick analysts take is that McDonald's "customer-facing" initiatives in the U.S. have fallen flat. On that note McDonald's may be a step ahead: A new top marketing exec was hired earlier today.
- MCD -0.7% premarket,
Jan. 23, 2014, 8:11 AM
- McDonald's (MCD) reports comparable-store sales rose 0.1% during Q4 as the company made up for lower traffic with a higher average guest check.
- Comparable sales in the U.S. were worse than what analysts anticipated, falling 1.4% vs. 0.5% consensus and 0.9% in Q3.
- In Europe, McDonald's saw comparable store sales growth of 1% on broad positive sales momentum.
- APMEA comp sales fell 2.4% during the period on a weak performance by McDonald's in Japan and China.
- In an early look at Q1 of 2014, McDonald's says global comp sale for January are trending flat.
- MCD -0.5% premarket
Jan. 23, 2014, 8:00 AM| 4 Comments
Jan. 23, 2014, 7:07 AM
Jan. 23, 2014, 12:05 AM
MCD vs. ETF Alternatives
Other News & PR