Connect with us

archive

McDonaldâ??s Buries Competition with Homemade Profits

With each McDonaldâ??s location averaging around $2.6 million in revenue last year, and number 2 Burger King averaging about $1.2 million, it appears that Mickey D is beating the pants off the competition

McDonaldâ??s Buries Competition with Homemade Profits (BusinessWeek)

Even as our dollars buy fewer groceries every year, Americans remain steadfastly devoted to their fast-food of choice: McDonalds (MCS). With each McDonaldâ??s location averaging around $2.6 million in revenue last year, and number 2 Burger King averaging about $1.2 million, it appears that Mickey D is beating the pants off the competition in â??Everything from marketing and site selection to product initiatives and franchisee location,â?ť according to Nick Setyan, vice president of equity research at Wedbush Securities. More importantly for investors, these advantages are the type that appear immune to broader market actions or global disputes. Ultimately, no matter how much of Ukraine Vladimir Putin decides he wants, Americans seem likely to keep eating Big Macs.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Kavanaugh 2.0? Trump’s Rape Accuser E. Jean Carroll Should Face Tougher Questions.

CULTURE

Google Anti-Conservative Political Bias Google Anti-Conservative Political Bias

Google Admits It Wants to ‘Prevent The Next Trump Situation’

TECH

Drag Queen Reading Hour Can Be Stopped.

CULTURE

Democrat Presidential Hopeful Cory Booker Shared Pro-Farrakhan Images.

U.S. POLITICS

archive

McDonald’s Buries Competition with Homemade Profits

McDonald’s Buries Competition with Homemade Profits (BusinessWeek)

Even as our dollars buy fewer groceries every year, Americans remain steadfastly devoted to their fast-food of choice: McDonalds (MCS). With each McDonald’s location averaging around $2.6 million in revenue last year, and number 2 Burger King averaging about $1.2 million, it appears that Mickey D is beating the pants off the competition in “Everything from marketing and site selection to product initiatives and franchisee location,” according to Nick Setyan, vice president of equity research at Wedbush Securities. More importantly for investors, these advantages are the type that appear immune to broader market actions or global disputes. Ultimately, no matter how much of Ukraine Vladimir Putin decides he wants, Americans seem likely to keep eating Big Macs.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Kavanaugh 2.0? Trump’s Rape Accuser E. Jean Carroll Should Face Tougher Questions.

CULTURE

Google Anti-Conservative Political Bias Google Anti-Conservative Political Bias

Google Admits It Wants to ‘Prevent The Next Trump Situation’

TECH

Drag Queen Reading Hour Can Be Stopped.

CULTURE

Democrat Presidential Hopeful Cory Booker Shared Pro-Farrakhan Images.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter