Monday January 24, 2022, 07:00:00
By Mark Kalinowski
McDonald’s plans to release its Q4 earnings before the market open this Thursday (January 27th). Ahead of that, we publish part one of our two-part, proprietary McDonald’s Franchisee Survey today.
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Tuesday December 7, 2021, 07:00:00
By Mark Kalinowski
Based on our channel checks, we adjust our Q4E McDonald’s U.S. same-store sales forecast.
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Wednesday October 27, 2021, 09:43:13
By Mark Kalinowski
Earlier today, McDonald’s reported Q3 adjusted EPS of $2.76, well above our $2.43 forecast and sell-side consensus (according to Consensus Metrix) of $2.46. Factors driving the outperformance include: (1) better-than-expected same-store sales across the board, (2) about +9 cents worth’ of tax help relative to our 22.0% tax-rate projection, and (3) more favorable than anticipated margins on the franchised side of the business.
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