Another take on fast food:
Fast Food Restaurants Have Right Menu for Recession
Main points:
- "quick-service operators such as McDonald’s (MCD), Burger King (BKC) and Wendy’s (WEN) may enjoy a comparative advantage that helps them navigate the weakness better than their competitors in the casual-dining and higher-end segments, according to Moody’s Investors Service".
- "A recent analysis by restaurant industry consultant John Gordon showed a mixed picture for fast food restaurants, with McDonald’s, Chipotle (CMG) and Steak N Shake (SNS) faring better than Yum Brands (YUM) and than Darden’s (DRI) Red Lobster and Olive Garden. All were faring much better than fine dining , where sales are down some 15% from a year earlier".
Given that Jim Cramer is recommending Wendy's, I guess I will take a contrarian view and suggest that MCD and YUM have greater room for an upswing.
Showing posts with label MCD BKC WEN CMG YUM DRI Cramer. Show all posts
Showing posts with label MCD BKC WEN CMG YUM DRI Cramer. Show all posts
Wednesday, August 12, 2009
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