“One of Wall Street’s Top Analysts” – CNBC

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“Mark Kalinowski has his finger on the pulse of the restaurant business like no other Wall Street analyst… he has broken more news about McDonald’s than the reporters assigned to the beat… Kalinowski rolls up his sleeves, dives in and brings important news to the surface for clients”

-Huffington Post

 

“The Burger King with accurate predictions… The Big Mac of predicting the company’s [McDonald’s] sales.”

-The Wall Street Journal

 

Lead Analyst:

 
 

Mark Kalinowski
PRESIDENT & CEO

Kalinowski Equity Research LLC provides its clients with value-added, forward-looking information that helps them make informed decisions about restaurant-stock investing.

McDonald's Corp (MCD)
Mark Kalinowski

MCD: Testing Several Chicken Menu Items in Chicago

McDonald’s is apparently testing a modified approach to its lineup of chicken menu items at a tiny amount of its restaurants in Chicago (the city in which, of course, McDonald’s is currently headquartered). The tests include a mix of new/modified/ returning menu items.

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McDonald's Corp (MCD)
Mark Kalinowski

MCD: Rivals May Be Green with Envy; Modifying Our Estimates

Anecdotal evidence that the McDonald’s U.S. Grinch Meal promotion — which officially started on December 2nd, less than a full week ago — is selling very well. (Some examples of this evidence are provided starting on page two of this note.)

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Restaurant Industry
Mark Kalinowski

Pizza Sector: What Sales Trends Hint at re: Average Unit Volumes (12/4/2025)

Recently, Domino’s, Pizza Hut, and Papa Johns all reported their Q3 2025 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2025 — relate to these three concepts’ average unit volumes (AUVs). We further discuss what this means for the companies, and their stocks.

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