It appears that the largest food service company in the world, McDonald's Corporation (NYSE: MCD), had another very strong quarter during the first three months of 2007. A few highlights: EPS at $0.62 (up 27%), revenues increased 11% to $5.4 billion, and net income of $762 million. That's all well and good, right? While I'm no fan of almost anything on the McDonald's menu, plenty of people are. And increasingly, those people live in other countries.
McDonald's international growth plans are moving forward at a good clip. Soon, McDonald's will be turning over about 1,600 restaurants in the Latin America and Caribbean to a "developmental licensee" who will franchise the locations. That's a smart strategy. Domestically, there are not much more food areas that McDonald's can hit. If it wants to continue it's positive forward momentum, it will have to continue to grow. But how? Can it grow with more varied food offerings? Questionable. But offering more healthy choices to its menu has helped it grow sales past the fast food junkie.
Growth is global these days, whether you make cars, PCs or chicken sandwiches. Creativity may have to spill from McDonald's management coffers consistently to maintain its past growth, however.
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Reader Comments (Page 1 of 1)
4-20-2007 @ 6:40PM
gumbo said...
McDonalds is a great franchise, but hey , what we really need is an booming health food franchise. The Whole Foods gig is fine but we want take out health food driving by, you know what I am saying. Where are you , hippies?? Dont you know that most of us cant afford your fantasy loaded health restaurants? I am getting tired of fried chicken, pizza, burgers, tacos, and hot dogs!!! I want fast lentils, vegetarian foods!!! Hurry and get your soggy assed hippy feet toghether and hopping out and make a buck!
4-24-2007 @ 8:05AM
natalie said...
Okay I am guilty! I indulge at times on McDonalds! I have a busy scedule and 3 little girls. So my question is how do I go about buying stock in Mc donalds? I already have so much invested so why not!
I'm a stayhome home and I need some money making ideas!
4-24-2007 @ 8:09AM
natalie said...
WHAT IS MY FIRST STEP IN BUYING STOCK..GOING TO A BANK? SOMEONE PLEASE HELP ME HELP MY FAMILY!
5-03-2007 @ 8:32AM
RM ELHARDT said...
Mcdonalds stock can be bought directly from the company without any broker. 1-800 6217825 or mcdonalds 1-800 2289623