Wednesday July 19, 2023, 07:00:00
McDonald’s plans to release its second-quarter earnings before the market open on Thursday, July 27th. Ahead of that, we publish part one of our two-part, proprietary McDonald’s Franchisee Survey today. Look for part two later this week.
Thursday June 29, 2023, 07:00:00
On February 27th, Krispy Kreme Doughnuts (KREM; Not Rated) announced that “McDonald’s is bringing Krispy Kreme doughnuts to even more local restaurants with an expanded market test. Starting March 21, we’ll be serving three Krispy Kreme fan faves – the Original Glazed Doughnut, the Chocolate Iced with Sprinkles Doughnut and the Chocolate Iced Kreme Filled Doughnut – at approximately 160 locations across Louisville, Lexington and the surrounding area. The expanded test will help us learn more about operational impact on a larger scale as well as explore customer demand. And this time around, there are even more ways for fans to satisfy their Krispy Kreme craving, with doughnuts available all day in-restaurant, at the Drive Thru, via McDelivery and on the McDonald’s App.” For more info:
Wednesday June 28, 2023, 07:00:00
McDonald’s enjoyed a solid Q1 in a lot of respects, including generating +12.6% same-store sales growth in the U.S. market. On its April 25th conference call, management noted that “as far as outlook for the business, we remain very confident about how we’re positioned. We remain confident, as I said in our press release. The demand, the consumer demand for our brand remains strong. So there’s no change from our perspective in terms of how we’re feeling about rest of the year. Certainly we have, in quarter one, the benefit of lapping Omicron, and the whole industry does. We also, as I mentioned in our last call, had more favorable weather in January. So we had some things going on in January that, from an industry standpoint, made this an easier compare. But our outlook for the rest of the year, we expect to continue taking share. We’ve been taking share pretty consistently now for several years. Our outlook is we’re going to continue to take share through the balance of 2023.”
Thursday December 19, 2024
Thursday December 19, 2024