January 30, 2021
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January 27, 2021
(MCD) Franchisees are excited for the new chicken sandwich launch. “Chick-fil-A is big here, so we really welcome the chicken sandwich,” said one franchisee respondent to the latest Kalinowski Equity Research survey of McDonald’s franchisees.
A number of franchisees are also optimistic about the early 2021 numbers in comparison to a year ago. “Up against the beginning of the pandemic, we should rock and roll,” said another franchisee.
However, franchisees expressed frustration about their relationship with McDonald’s corporate. “Ignore the directions of inexperienced and incompetent corporate employees and upper management,” said one franchisee. “Support operator bodies who are trying to represent the owners against a greedy corporation that does not value the owners or our legacy.” “Going to resist all of management’s initiatives,” said another.
Kalinowki rates McDonald’s stock buy with a $273 price target
January 26, 2021
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January 15, 2021
Political PACs like the McDonald's PAC operate as though the past thirty years have not happened. Their goal is to keep everybody happy. In today's political environment that's just not possible.
Five years ago American politics began changing at lightning speed, and it's still accelerating. Any political "expert" from the turn of the century is long past their expiration date.
I don't know who runs political affairs for McDonald's Corp. or what consultants the corporation and the PAC hire but whoever they are, they're dinosaurs.
Add to that, the reality that McDonald's corporate culture has turned hard left. While this has been a few decades in the making it's now complete.
Why would a group of conservative, small business owners contribute to a PAC that is controlled by a political movement that is increasingly anti-business?
Should McDonald's Owner/Operators make political contributions? Of course they should, but make it an LSM activity. Do it in a way that you and your local business will be recognized by political leaders. And, in such a way that your name isn't all over the public records of a national business PAC.
And there's another concern. The left-wing is demonizing anyone who supports conservative values. This will continue over the next four years and beyond.
Why participate in a national PAC that is ripe for such examination and harassment?
If allowed to exist the McDonald's PAC will do grievous harm to the brand.
Far more harm than good.
The McDonald's PAC needs to be put down - now.
January 14, 2021
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January 9, 2021
The morning of this past Wednesday (Jan 6) I happened across a Twitter thread about a small pizza chain that was conducting a social media campaign in support of conservative positions in the Presidential election. I added this comment:
"Any brand that goes public with political positions is run by idiots."
A few hours later I dropped everything to watch the invasion of the U.S. Capital building.
Forty-eight hours later I'm looking at a memo from the CEO of McDonald's attacking the President of the United States.
Taking a position against criminal activity in Federal buildings? That's commendable.
Attacking the President in the name of one of the world's most famous brands? Incredibility stupid.
Here's what he said, "Shortly after these attacks, I endorsed a statement from a group of fellow business leaders from top U.S. companies, the Business Roundtable, condemning President Trump and the other elected officials who incited this insurrection."
This just isn't true. The Business Round Table didn't pay the President any compliments but they merely called for an end to the chaos.
"Condemnation" is his word and was not used by the Business Roundtable.
Washington - Business Roundtable today issued the following statement:
“The chaos unfolding in the nation’s capital is the result of unlawful efforts to overturn the legitimate results of a democratic election. The country deserves better. Business Roundtable calls on the President and all relevant officials to put an end to the chaos and to facilitate the peaceful transition of power."
Business Roundtable website
Two of the mistakes that liberals make: 1)They react emotionally and make knee jerk decisions, 2)They believe that everyone else in the world agrees with their liberal positions.
How's it feel to have the CEO looking down his nose at a huge chunk of your customer base?