(04-08-2020, 10:12 AM)NilesMike Wrote: MCD has traditionally had 70% of its sales from the drive through, they were well positioned for the crisis.IMO they are about fully valued for all their sales today. But they are MCD so the stock will be fine. Their balance sheet isn't what it once was. They are also a real estate company now with few company owned stores so they can't be valued quite the same vs historical. I bought sub $130 shares so not being greedy.
EDIT: Just saw the MCD same store numbers release. Down only -22% is better than anyone could reasonably expect for March IMO.