Thursday June 20, 2024, 07:00:00
By Mark Kalinowski
Back on April 4th, we published a McDonald’s report looking at changes in menu prices for two different combos sold at 25 of its restaurants in California over the 2/8/24-4/3/24 time frame:
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Tuesday April 30, 2024, 09:58:50
By Mark Kalinowski
Earlier today, McDonald’s reported Q1 adjusted EPS of $2.70. This compares with our $2.70 forecast and sell-side consensus (according to Consensus Metrix) of $2.71. The Q1 tax rate came to 19.9%. This was more favorable than our 21.0% projection and consensus of 20.8%. By our math, the modestly more favorable-than-expected tax rate helped Q1 EPS by about +4 cents.
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Wednesday April 24, 2024, 07:00:00
By Mark Kalinowski
Today we publish part two of two of the April 2024 edition of our proprietary McDonald’s Franchisee Survey. As part of this, we asked our franchisee contacts to provide some commentary about the “Bigger Burger” initiative that McDonald’s management has talked about that it has planned for multiple countries.
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