• 11 Sep 2007 at 11:06 AM
  • Fat

Other Countries Getting Fatter In August

fat_mcdonalds.jpg McDonald’s reported an August same-store sales increase of 8.1%. The primary drivers of the growth were new menu items, strength in breakfast offerings, more fat people and insatiable appetites for ridiculously unhealthy food abroad.
Large sales increases in Japan, Australia and China spurred a 12.4% sales jump in the Asia/Pacific, Middle East and Africa regions for the golden arches. This is almost in exact correlation to the countries that are getting fat the fastest these days (no… not the U.S., because we’re already so large).
Fast food chains are still saturating the Asia/Pacific region, and adopting the U.S. fast food business model of extended business hours and breakfast options that allow access to more than a day’s worth of fat in one sitting at all times. Combine this with the absence of a smoking stigma (at least big fat Americans are smoking less, and ostracized in public places) and less of a workout/gym culture and you get a rapidly expanding, and occasionally bursting, region.
Shares of McDonald’s (NYSE:MCD) are up almost 4% in daily trading.
In other McDonald’s news some broker friends of DB tell us that a popular stunt on their floor is the “McNugget Challenge,” where one person tries to eat as many McNuggets as they can in an hour. The last person who attempted this ate an incredible 72 McNuggets (more nuggets consumed than the popular “McNugget Power Hour,” with a 1 nugget/minute consumption rate). Thousands of dollars changed hands betting on the final tally (if anyone has any similar trading floor stunts that people bet on, let us know or drop an email to tips at dealbreaker dot com).
McDonald’s sales boosted by breakfast, new menu items [MarketWatch]
Obesity in Asia mirrors western increase [Guardian]

  • 26 Jul 2007 at 3:35 PM
  • Academia

McDonald’s CFO Was Never Lovin’ It, Just Wanted To Make Money

McDonalds I'm lovin it logo.jpg
McDonald’s CFO Matthew Paull is trading in the pinstripes for corduroy, leaving his lucrative finance career for the somewhat less lucrative world of higher education. After fourteen years under the refulgent golden arches, Paull will begin teaching economics and finance part-time at an unspecified university in San Diego next year while continuing to serve on the Best Buy board of directors, CFO.com reports.
Before compiling BigMac projections, Paull “fell in love” with teaching at the University of Illinois, but “couldn’t support the lifestyle that I enjoy on a teacher’s salary.” This calls to mind Dealbreaker’s Tuesday poll: “Would you be working in a field other than finance if you could make the same amount of money?” 70.9% responded affirmatively, suggesting that the “passion for corporate finance” is largely synonymous with “passion for pecuniary remuneration.”
Why McDonald’s CFO Is Heading for Academia [CFO.com]