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June 21, 2013

McDonald’s to Spend $1 Billion In Store Facelifts

Oak Brook continues to tell investors that "face lifts" produce a sales
increase of 6% to 7%. And, while the company talks about spending
over a billion $$$ on these face lifts it never gets mentioned that the
Operators spend multiple billions on top of the corporate capex.

Wall Street Cheat Sheet reports HERE


Anonymous said...

Do you have any information on what really went on in the Atlanta Region where the Regional manager and the East Division Manager retired?

Richard Adams said...

Not really, I don't pay much attention to corporate employees since they appear to be clones of each other and they come and go so quickly. What discussions about turnover I have heard centered mainly on lack of sales production.