keithpiccirillo

McDonald's: A Billion Sold, but What about 2009?

The "Golden arches" have that classic moat to protect their best of breed status. I never owned it other than in a fund, but feel a bit better with this stock than one of the tobacco or vice stocks. It is disappointing that they do have the kids brainwashed though . When their clown mascot is more recognizable than any political leader to a 5 year old what does that translate to?
Future sales stability and brand loyalty.
In 2002-3 when they were building too much and stores were dirty and lines too long, they regrouped. I think their Paul Newman's coffee has bitten into Starbucks share of the morning crowd which must have hurt already plunging sales numbers via the sub prime crisis and resultant job losses in the key states of Nevada, Ca. and Fla.
I grind my own beans every morning.
It took eons for Starbucks to figure out people don't want to wait too long while the patron in front of them glosses over the jazzed up treats behind the glass.
As always, good post.