Tuesday August 31, 2021, 07:00:00
MCD: McDonald’s Top 25 Markets for 2021E Operating Profits
With this note, we take a look at the geographical breakdown of our full-year 2021E McDonald’s operating income forecast of $9.863 billion.
Wednesday July 28, 2021, 09:45:51
MCD (Post-Call): Best Two-Year U.S. Same-Store Sales Since Q1 2005
Earlier today, McDonald’s reported adjusted Q2 EPS of $2.37, ahead of our $2.13 estimate and sell-side consensus (according to Consensus Metrix) of $2.12. Currencies helped Q2 EPS by +13 cents. Management looks for Q3 EPS to be helped by about +3 to +5 cents due to favorable currencies. The full-year outlook is +20 to +22 cents, suggesting perhaps a -2 cent hit to Q4 EPS.
Wednesday July 21, 2021, 16:31:28
MCD: McDonald’s Franchisee Survey Part 2 Focuses on Labor Availability
Today we publish part 2 of 2 of the July 2021 edition of our proprietary McDonald’s Franchisee Survey. Much of this report focuses on challenges around labor availability.