SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allen Furlan who wrote (15438)9/12/2002 1:40:56 PM
From: Bob Rudd  Read Replies (1) of 78730
 
Allen: <<Is McD having major problems in asia?>>Depends on who you ask 9/5 reports:
* LEHMAN: Expect Negative July/Aug Global Comps (-2 to -3%) w/ US -2 to -3% (vs guidance for Up), Europe up +1-2%, Asia/Pac -8 to -10%, Canada; Flat & LatAm; -3 to -5%
* MERRILL: 3Q update is scheduled to be announced on September 17. We expect it to include another slight comp decline in the U.S. for the first two months (reminder, 3Q is the last quarter of comparison challenges) continued success in Europe and SEQUENTIAL IMPROVEMENT IN ASIA. Although the company bested Street expectations the last two quarters, investors have remained on the sidelines due to concerns about the soft U.S. comps.

If both of the above are true, then compared to last year, they're down 9%, but they're flat with last quarter. I recall something about lower prices in Japan stimulating sales, after ``mad-cow'' concerns had hurt saies there [now recovering from that issue in Europe].
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News