Tuesday September 5, 2023, 07:00:00
Back on May 23rd, we published a report in which we looked at the breakdown of McDonald’s full-year 2023E operating income by geography. That report can be accessed at:
Thursday July 27, 2023, 09:57:37
Earlier today, McDonald’s reported Q2 adjusted EPS of $3.17, nicely above our $2.82 forecast and sell-side consensus (according to Consensus Metrix) of $2.79.
Thursday July 20, 2023, 07:00:00
Today we publish part two of two of the July 2023 edition of our proprietary McDonald’s Franchisee Survey. This report examines whether our franchisee respondents would like to sell Krispy Kreme (KREM; Not Rated) doughnuts in their own McDonald’s restaurants. As a reminder, back on June 29th, we published a report in which we indicated that we believe the 160 McDonald’s restaurants in Kentucky testing the sale of Krispy Kreme doughnuts in those restaurants are seeing average weekly sales of 800-900 doughnuts per restaurant. In addition, those sales appear to be highly incremental. Furthermore, an argument can be made that the sales of the Krispy Kreme doughnuts are helping to drive incremental sales of some non-doughnut menu items. For more info: