Tag: MCD
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CosMc’s Drive-Thru Concept Doubles Traffic, Targets Younger Audience: Data
CosMc’s Popularity and Demographics While the exact number of orders fulfilled by CosMc’s remains undisclosed, Placer.ai, a location analytics firm, found that the concept primarily appeals to younger consumers in the 22-to-29-year-old age range. The post-Millennial demographic has been drawn to the menu’s “limited test run” items, such as the fruit-flavored and caffeinated “Signature Galactic […]
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Berkshire Hathaway: The Unexpected Hot Toy Investment with Squishmallows
McDonald’s Partners with the Hottest Toy of 2022 In a surprising move, McDonald’s has teamed up with Squishmallows, the top-selling toy of 2022. Squishmallows have gained immense popularity, drawing comparisons to Beanie Babies in the 1990s. Tariq Hassan, the Chief Marketing and Customer Experience Officer of McDonald’s USA, highlighted the brand’s cultural relevance, stating that […]
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McDonald’s Unveils Ambitious Growth Plan to Double Global Restaurants and Boost Profits
1. Expanding the Global Restaurant Base McDonald’s management aims to increase the global restaurant count by approximately 10,000 units over the next three years, bringing the total to 50,000 establishments. In the US market alone, executives predict the addition of around 2,000 new stores by 2027. The remaining expansion will primarily target large international markets […]
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McDonald’s Tests CosMc’s: Potential Game-Changer for Shareholders and Stock Growth
The Significance of CosMc’s for Shareholders To understand the potential importance of CosMc’s, one must first grasp McDonald’s business model. Franchise revenue accounted for approximately 60% of the company’s $6.7 billion in revenue for Q3 2023. In contrast, company-owned restaurants were responsible for 61% of operating expenses, resulting in modest operating margins. Consequently, most of […]
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McDonald’s Pushes Back Against France’s Reusable Container Law, Citing Environmental Concerns
McDonald’s Disapproves of French Template for Reusable Containers McDonald’s Corp has expressed its reluctance to adopt the reusable container system introduced in France for dine-in customers. Serge Thines, McDonald’s International Government Relations head, stated that the company does not want France to be the benchmark for this initiative, believing it to be “very problematic” and […]
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Three Stable Stocks to Strengthen Your Portfolio
Although it has decreased in recent months, the United States’ inflation rate is still rather high. Investors are confident that the inflation rate will continue to decline, but a probable recession and higher interest rates for a longer period of time might hurt the economy and equities. Co-founder and co-chairman of Oaktree Capital Management Howard […]
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Fast food dominates as inflation pressures more expensive establishments
As fast-casual and casual-dining restaurants struggle to draw in patrons, fast-food franchises appear to be the main winners in the fourth quarter and beyond. Although many publicly listed restaurant businesses have yet to release their most recent quarterly results, for those that have, a trend is beginning to emerge. Consumers cut back on their holiday […]