Tuesday October 29, 2024, 09:53:56

MCD (Post-Call): Management Acknowledges Same-Store Sales Impact from E. Coli Issues

By Mark Kalinowski

Earlier today, McDonald’s reported adjusted Q3 EPS of $3.23. This matched our $3.23 forecast, and was two cents above sell-side consensus (according to Consensus Metrix) of $3.21.

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Thursday October 24, 2024, 07:00:00

MCD: Franchisee Survey Part 2 Examines the Big Arch Burger’s Potential in the U.S.

By Mark Kalinowski

McDonald’s plans to release its third-quarter earnings before the market open on Tuesday, October 29th. Today we publish part two of two of the October 2024 edition of our proprietary McDonald’s Franchisee Survey. As part of this, we asked our franchisee contacts to provide some commentary about the Big Arch burger. This larger, more satiating burger is currently in test in Canada, Germany, and Portugal. What do our U.S.-based franchisee contacts think about the possibility of the Big Arch being rolled out in the U.S. at some point.

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Tuesday October 22, 2024, 19:24:15

MCD: Adjusting Estimates Due to E. coli Outbreak

By Mark Kalinowski

After today’s (Tuesday’s) market close, the CDC (Centers for Disease Control and Prevention) issued a Food Safety Alert: the CDC “is investigating 49 illnesses in 10 states linked to McDonald’s Quarter Pounder hamburgers. If you ate a Quarter Pounder hamburger from McDonald’s and have severe symptoms of E. coli, contact your healthcare provider.”

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