We like Mac and cheese sings Barney and friends. Those are the tunes that dominate the family car. Barney of course is referring to macaroni and cheese, but he could also be referring to MacDonald's who released global sales. Light in the US, but power in other areas, particularly Asia. China. One in each neighbourhood is what they want. On the way home I saw a billboard that confirmed what most people know, the food might not be good for you, but it is cheap. A coke, a cheeseburger and some fries for less than 20 bucks (only just). Sounds cheap to me. (Whisper) I don't eat meat but I like the company.
Check out the full release, McDonald's Global Comparable Sales Increase 4.8% in February. Do you think that the headwinds that this company faces in the future could be similar push backs in some sort of a "fat tax" for want of a better word? Perhaps.