Franchise Equity Group
October 14, 2024
October 12, 2024
All I Know is What I Read in the Wall Street Journal
October 10, 2024
October 9, 2024
McDonald's Corp Sues Meat Suppliers
Allegedly conspiring to fix the price of beef
Occasionally, McDonald’s Corp. gets a little slap-happy with litigation. Like a hammer thinking everything looks like a nail, the legal department thinks every corporate challenge looks like a possible lawsuit.
This “management by bullying” peaked in the late 1990s when the company was suing everyone and threatening every Owner/Operator. Part of the problem was that one of McDonald’s directors was a prominent Chicago attorney who was a partner at a prominent Chicago law firm. Conveniently, said firm handled most of the company’s litigation.
This compulsion fizzled out around the turn of the century with all the changes in CEOs and directors.
If they give a pajama boy an unlimited legal budget, it can be a control freak’s dream. Let’s hope not.
October 5, 2024
National Companies Running From DEI
- The list grows - Molson Coors, Ford Motor Co, John Deere, Lowe's, Harley-Davidson, Tractor Supply Co. and more.
- Toyota latest company to move away from DEI
October 3, 2024
September 28, 2024
MCD Shares Break Records
Back in June, we discussed, with some alarm, that McDonald's share price had drifted down to the mid-$200 range.
Is anyone watching the MCD stock price? - 6/18/24
We should now recognize that the MCD share price has finally topped $300 over the past week, driven by market momentum and an announced increase in the MCD dividend.
However, in the longer term, the increase comes from investors' confidence that McDonald's Owner/Operators will continue to follow corporate discounting plans.
Congratulations to MCD shareholders.
September 27, 2024
September 21, 2024
This is a Very Bad Idea!
September 19, 2024
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