Wednesday December 27, 2023, 07:00:00

MCD: Updating Our Forecasts (12/27/2023)

By Mark Kalinowski

Back on September 5th, we published a report looking at some recent currency-translation effects on McDonald’s quarterly EPS. That report included our formula for projection the currency effect on a given quarter’s EPS, and is available at:

Read more

Wednesday December 6, 2023, 16:26:30

MCD: Analyst Meeting Highlights Unit Growth, Digital, and Other Opportunities

By Mark Kalinowski

McDonald’s hostied an Analyst Meeting in Chicago today. On the whole, we view the contents favorably (e.g., new unit growth targets above consensus, a greater emphasis on chicken, and digital investments that should continue to pay off nicely). The related press release that McDonald’s issued can be viewed at:

Read more

Tuesday November 7, 2023, 07:00:00

MCD: Updating Our Forecasts

By Mark Kalinowski

Following the October 7th acts of war by Hamas that included the murders of 1,400+ individuals in Israel, the official Twitter** account of McDonald’s Israel commented multiple times that it has provided free meals to members of the IDF (Israel Defense Forces). For example, McDonald’s Israel tweeted** on October 17th that “From the first day of the war, McDonald’s Israel has donated 100,000 meals to the IDF, security forces, hospitals, and the residents of the surrounding area.” (translated from Hebrew)

Read more