...said Schultz. “We will combine our breakfast strengths with a value proposition that challenges misperceptions about our every day affordability.”
.
January 28, 2009
January 26, 2009
If You Believe This I've got a McCafe to Sell You
On today's investor call MCD management told
analysts there are 7,000 stores serving
specialty coffee. On November first the Wall
Street Journal was told the number was 3,000.
Does anyone believe 4,000 stores have been
implemented in the past ten weeks? Over the
holidays?
At first it sounded like Skinner was stating
a world-wide number but in an later interview
with CNBC he said it was in the United States.
The CNBC interview is HERE
A transcript of today's conference call includng
the very interesting questions from analysts is HERE.
.
analysts there are 7,000 stores serving
specialty coffee. On November first the Wall
Street Journal was told the number was 3,000.
Does anyone believe 4,000 stores have been
implemented in the past ten weeks? Over the
holidays?
At first it sounded like Skinner was stating
a world-wide number but in an later interview
with CNBC he said it was in the United States.
The CNBC interview is HERE
A transcript of today's conference call includng
the very interesting questions from analysts is HERE.
.
January 25, 2009
Cutbacks at Starbucks
The Seattle paper reports 1,000 jobs
to be cut at headquarters and in the field.
McDonald's releases 4th quarter results on Monday and
Starbucks on Wednesday.
Of course this week the media will play it like McDonald's
is stomping on Starbucks.
Yup, 4,000 McDonald's stores selling 30 or 40 specialty
coffees a day is hurting Starbucks worldwide. Kind of
like when the Arch Deluxe killed off the Whopper.
.
to be cut at headquarters and in the field.
McDonald's releases 4th quarter results on Monday and
Starbucks on Wednesday.
Of course this week the media will play it like McDonald's
is stomping on Starbucks.
Yup, 4,000 McDonald's stores selling 30 or 40 specialty
coffees a day is hurting Starbucks worldwide. Kind of
like when the Arch Deluxe killed off the Whopper.
.
January 20, 2009
January 13, 2009
January 9, 2009
McDonald's May be Recession Proof - But are Owner/Operators?
Zack's says "In the restaurant sector, we recommend companies that are actually benefiting from the recession as consumers "trade down" to cheaper eats."
Also, Zack's rates Jamba Juice as a "sell" because "Jamba faces a severe cash flow shortage that poses a risk of bankruptcy" - Isn't Jamba one of the brands CBB is meant to imitate?
.
Also, Zack's rates Jamba Juice as a "sell" because "Jamba faces a severe cash flow shortage that poses a risk of bankruptcy" - Isn't Jamba one of the brands CBB is meant to imitate?
.