It's the franchise model, with McD owning the real estate, that, to me, makes it work.īut, to work well, McD needs to have a consistent patron experience, and that means tight controls on the franchisees and how they operate. If they were truly a real estate company, I think we would see many more stores being sold off when their value reaches a given level.īut McD's knows that they would create real patron relationship issues if they did - so they own the real estate and use the franchise model to collect rent from the franchisee.Ī real estate company would not invest so much in building their brand - advertising and innovating - in order to connect with their patrons. I see McDonald's as a patron-centric quick service restaurant company, that uses a franchise model to expand more quickly and reduce their own costs and complexity. Many are calling McDonald's a real estate company - I don't see it that way. In his defense, it takes some doing to deliver such pathetic results - you have to figure out the smart thing - the right thing - the strategic thing to do, Taking more impairment charges than if Mel Gibson and Lindsey Lohan had a kid - an astonishing $1.5 billion. Spending almost 22 times their operational gross margin in SGAR&DĤ. ![]() Delivering an operational gross margin of (giggle) 3.8%ģ. Delivering less in net revenue in 2022 than in 2021, in a growing marketĢ. So MM not only takes home (to the US, in USD), his $726,000 base salary, but they pay him an additional $286,000 in a cash bonus for, well, let's see:ġ. Anagrams of Pommie-bashers: The word Pommie-bashers does not have anagrams. ![]() You know, money that's not really theirs, because they have never been profitable. This definition of the word Pommie-bashers is from the Wiktionary, where you can also find the etimology, other senses, synonyms, antonyms and examples. Not only can you read about some of the quite sketchy businesses AS has been/is involved in, and how shareholders seem to be starting to see it, given his percentage support was woefully low, you get to see how companies like Aurora seem to see losing lots of money as worthy of paying their executives lots of money for doing it - cash money out of the business and into their bank accounts. A cool million - that's what you earn for losing over a billion.Īurora Cannabis published their Management Information Circular on October 3 and it's a fascinating read. Verify POMMIES in Scrabble dictionary and games, check POMMIES definition, POMMIES in wwf, Words With Friends score for POMMIES, definition of POMMIES.
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