Ive said for a LONG time that MCD is no longer a restaurant company, it is a REIT.
I think this article about sums up my feelings. Signature Crafted is not working, ETOF is very expensive and I will never see a Dollar from Delivery (Thank Goodness). So what that means to me is, the Stock is priced to perfection and we the Operators are on the hook for a Whole lot of Debt that will be hard to repay without the promised sales. We Have been SOLD a Bunch of Magic Beans.
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