Opinion from MarketWatch / Dow Jones
Sky high MCD stock prices like this will only embolden the MCD Exec Officers to keep doing business as they have been - abusing Franchisees, Intimidation, Harassment, etc. There is absolutely no concern for Licensees or Licensee profitability, Franchisee morale, and onerous operating obstacles! The partnership is DEAD
With any financial success in any area, management is forced to beat those numbers in the future. Strong SSS must be exceeded, and EPS must increase year over year. It’s a real challenge for a nearly 70-year-old company in a saturated market. As this pressure builds, more employees, franchisees, and vendors must be thrown under the bus.And management will do dumb things like opening Starbucks clones, building too many new stores, and trying to “reinvent” the company..
Stockholders WIN while owner's cash flow decreases consistently.
Richard you are absolutely correct.
Richard said, And management will do dumb things like opening Starbucks clones, building too many new stores, and trying to “reinvent” the company."True! ZTHis train is never late, especially for publicly traded restaurant management executives that aren't operators.MCD execs want to really be woke SBUX execs, so now we get a Starbucks clone aimed at killing off the McCafe investment that franchise owners were forced to fund. Hey, it's not their personal money, so why not?
We are witnessing the demise of the McDonalds System.
We need to be more aggressive in our relations with the company. We have to take a standagainst what they are doing. They have overstepped the line and have become tyrants.We are not a three-legged stool anymore. We are a one leg stool. They are oppressors and oppressive. This is why operators are selling out, and there are not enough buyers who want to buy
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