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McDonald's Headless, Thompson a Goner


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Editor's note: While we don't normally see poetry from our President, John Hamburger, this was too good not to share. Enjoy! 

 

Same store sales decline, franchisee discontent

Shareholder return plan doesn’t satisfy the activist malcontents

Foreign exchange and Putin’s inspection

Suppliers drive Chinese consumer defection

 

Better burger brands and millennial indifference

Falls the curtain on all pretenses

Bloated menu and long ticket times

Selling Chipotle is the biggest crime

 

McDonald’s Headless, Thompson a Goner

 

Watch the board of directors cave

Get back into the hedge funds fave

Return more cash to shareholders now

A quick flip of the U.S. stores is how

 

Big sale-leaseback the ultimate payoff

The Burger King special, massive home office layoffs

Same playbook and the activists won

Shareholders take the money and run

 

McDonald’s Headless, Thompson a Goner

 

When the decline in rates is through

Is the day the bill for debt comes due

Financial engineering when the story is told

Asset light is a fool’s gold

 

Dedicated to Warren Zevon…and incoming CEO Steve Easterbrook

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About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Laura MichaelsLaura Michaels is editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Beth EwenBeth Ewen is senior editor of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

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