'Pink Slime' Lawsuit Cost Disney $177 Million
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August 31, 2017
August 26, 2017
August 24, 2017
August 23, 2017
August 22, 2017
No Wonder McDonald's SS Sales Are Trending Positive
Factor in the closing of hundreds of McDonald's USA locations and...
Restaurant chains have closed hundreds of locations
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Restaurant chains have closed hundreds of locations
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August 21, 2017
McDonald's To Shut 169 Outlets in India
Now that McDonald's Corp. has changed their approach to franchising we're going to see a
lot of this kind of thing around the world.
McDonald's to shut 169 outlets in India's north and east
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lot of this kind of thing around the world.
McDonald's to shut 169 outlets in India's north and east
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Uber Driver Guily of Sexual Assault
But I'm sure he didn't do anything weird with the food he delivered
Ex-Uber driver pleads guilty to sexually assaulting more than dozen victims - fox5sandiego.com
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Ex-Uber driver pleads guilty to sexually assaulting more than dozen victims - fox5sandiego.com
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August 19, 2017
Easy McMoney
On August 8, 2017
McDonald's VP Joseph Erlinger exercised an option on 10,793 shares of MCD at $57.08 - $63.25 and immediately sold the shares for $154.44 per share for a profit of approximately $1,017,870.00
On August 13, 2017
McDonald's VP David Ogden Fairhurst exercised an option on 4,782 shares of MCD at $57.08 and immediately sold the shares for $157.05 per share for a profit of approximately $478,057.00
.
McDonald's VP Joseph Erlinger exercised an option on 10,793 shares of MCD at $57.08 - $63.25 and immediately sold the shares for $154.44 per share for a profit of approximately $1,017,870.00
On August 13, 2017
McDonald's VP David Ogden Fairhurst exercised an option on 4,782 shares of MCD at $57.08 and immediately sold the shares for $157.05 per share for a profit of approximately $478,057.00
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August 18, 2017
August 16, 2017
August 14, 2017
August 12, 2017
August 10, 2017
August 9, 2017
August 8, 2017
Nobody Builds Any Equity Without Real Estate Tenure
If the Lake Forest IL store is only 20 years old that means it would have been developed
and opened during the "Convenience Strategy", a misguided effort to impress Wall Street
by building too many new stores in all the wrong places.
In the 1970s and 1980s McDonald's Corp. did an excellent job of negotiating the
purchase of new sites or obtaining long term leases. Leased sites always had the initial
20 years set in stone with decades of options after the first 20 years. If management
couldn't be sure there would be a McDonald's at that location in perpetuity there was
no deal.
The idea that a store would be built with an opened ended rent number at the end of
20 years was extremely rare or unheard of.
But that changed during the Convenience Strategy - deals were rushed, inexperienced
real estate people were hired, and uniformed brokers became involved. Many deals
were, in a word, sloppy.
I don't know anymore about this store's lease than what's contained in this article but
McDonald's Operators should be wary of stores opened in the mid-1990s and should
become educated on the exact status of each store's real estate. And don't accept the
verbal representations of McDonald's corporate employees. They won't know a top
lease from a ground lease.
High rent pushes out Lake Forest McDonald's
.
and opened during the "Convenience Strategy", a misguided effort to impress Wall Street
by building too many new stores in all the wrong places.
In the 1970s and 1980s McDonald's Corp. did an excellent job of negotiating the
purchase of new sites or obtaining long term leases. Leased sites always had the initial
20 years set in stone with decades of options after the first 20 years. If management
couldn't be sure there would be a McDonald's at that location in perpetuity there was
no deal.
The idea that a store would be built with an opened ended rent number at the end of
20 years was extremely rare or unheard of.
But that changed during the Convenience Strategy - deals were rushed, inexperienced
real estate people were hired, and uniformed brokers became involved. Many deals
were, in a word, sloppy.
I don't know anymore about this store's lease than what's contained in this article but
McDonald's Operators should be wary of stores opened in the mid-1990s and should
become educated on the exact status of each store's real estate. And don't accept the
verbal representations of McDonald's corporate employees. They won't know a top
lease from a ground lease.
High rent pushes out Lake Forest McDonald's
.
August 7, 2017
August 6, 2017
Restaurant Analyst John Gordon Looks At Delivery
Your mileage may vary
For a QSR franchise John uses a 5.5% "royalty" so he probably assumes the
franchisee is paying a fixed amount for rent, not a percentage. McDonald's
Operators would probably want to add 8/10/12% to that line item.
The "Ad Fund" line would probably be higher.
John uses a delivery commission of 25% - Yikes!
As you can see, even with a $12.00 average check this doesn't work for a QSR
and it works marginally for a casual dining location, even with a $57.00 check.
.
For a QSR franchise John uses a 5.5% "royalty" so he probably assumes the
franchisee is paying a fixed amount for rent, not a percentage. McDonald's
Operators would probably want to add 8/10/12% to that line item.
The "Ad Fund" line would probably be higher.
John uses a delivery commission of 25% - Yikes!
As you can see, even with a $12.00 average check this doesn't work for a QSR
and it works marginally for a casual dining location, even with a $57.00 check.
.
August 2, 2017
McCashing In - Summer Edition
On July 26, 2017
McDonald's VP J. Krulewitch exercised an option on 11,755 shares of MCD at $75.93
and immediately sold the shares for $158.38.
McDonald's VP Kevin Ozan exercised an option on 25,322 shares of MCD at $57.08
and immediately sold the shares for $158.50.
McDonald's VP Douglas Gore exercised an option on 17,286 shares of MCD at $75.93
and immediately sold the shares for $158.50.
McDonald's VP Fred Borden exercised an option on 4,820 shares of MCD at $56.64
and immediately sold the shares for $158.37.
Source: Nasdaq.com
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McDonald's VP J. Krulewitch exercised an option on 11,755 shares of MCD at $75.93
and immediately sold the shares for $158.38.
McDonald's VP Kevin Ozan exercised an option on 25,322 shares of MCD at $57.08
and immediately sold the shares for $158.50.
McDonald's VP Douglas Gore exercised an option on 17,286 shares of MCD at $75.93
and immediately sold the shares for $158.50.
McDonald's VP Fred Borden exercised an option on 4,820 shares of MCD at $56.64
and immediately sold the shares for $158.37.
Source: Nasdaq.com
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Texas Roadhouse’s Thumb's Down On Delivery
“We encourage all of our competitors to do as much delivery as they can so they
can deliver lukewarm food to their people,”
Texas Roadhouse’s contrarian view of delivery
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can deliver lukewarm food to their people,”
Texas Roadhouse’s contrarian view of delivery
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