Tuesday March 26, 2024, 07:38:03
By Mark Kalinowski
Earlier today, McDonald’s and Krispy Kreme (KREM; Not Rated) announced that they “are teaming up for a national expansion. Fans will begin spotting Krispy Kreme doughnuts in their local McDonald’s restaurants later this year as part of a phased market rollout across the country. Nationwide availability at participating restaurants is expected by the end of 2026. Three of Krispy Kreme’s most popular doughnuts will be delivered fresh to McDonald’s restaurants every day. They’ll be available individually, or in boxes of six, starting at breakfast and lasting throughout the day – while supplies last.” For more info:
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Monday February 5, 2024, 09:45:44
By Mark Kalinowski
Earlier today, McDonald’s reported adjusted Q4 2023 EPS of $2.95, coming in ahead of our $2.88 forecast and sell-side consensus (according to Consensus Metrix) of $2.82.
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Tuesday January 30, 2024, 07:00:00
By Mark Kalinowski
Today we publish part two of two of the January 2024 edition of our proprietary McDonald’s Franchisee Survey. As part of this, we asked our franchisee contacts to provide some of their initial impressions of CosMc’s, the new beverage-focused concept for which McDonald’s opened unit #1 late last year. While this first CosMc’s was opened in Illinois, the next several are planned for Texas. (The second CosMc’s in the U.S. is apparently being planned for San Antonio.) For more info:
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