August 9, 2012

MCD Sales Flat - Analysts are Restless


Last month Hedgeye Risk Management's Howard Penny wrote: “We see this as a big risk
for MCD.  If customer preference is to have the drink and fries as part of the dollar menu
then there is a risk that this change negatively impacts customer satisfaction."

Today David Palmer at UBS wrote (under the title Time to Correct Course): "In short,
MCD US is scrambling to correct its marketing  strategy, which we believe will constitute
a  return to value in the near-term"

Looks like the analysts want even more "value"!

Business Week REPORTS
.

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