If McDonald’s (MCD) keeps growing as fast as it is there won’t be any room left in the market for Starbucks (SBUX), Burger King, Dunkin’ Donuts, and all the little deli operators will be out of business.
Last month, MCD sales were up 8.5%. In the US the figure rose 4.5%. Sales in Europe blew off the doors, rising 11.6%. The food in that region was never very good anyway.
Douglas A. McIntyre
