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Letter "J" » John Glass Quotes
«This is a fairly dramatic reduction. They're cutting it down to 600 restaurants next year, whereas I was thinking they would cut it down to 800.»
«The second half of 2004 is extremely critical. April sales were very strong, but I don't think anyone expects a 10 percent sales increase in September, October and November.»
«McDonald's will have to prove that it is not a one-trick pony in terms of its sales trends. Europe is getting better. This is a market that's almost as strong as the U.S. and accounts for as much as 40 percent of profits. But psychologically for investors, the U.S. market has to continue to do well in order for the stock to hold up.»
«The lukewarm consumer response to tests in the U.S. combined with the significant capital outlay for oven equipment played a considerable part in the decision to delay (if not desert) this initiative.»
«The coffee market in the United States is the fastest-growing segment within fast food. McDonald's recognizes this and wants to capitalize on it. It's surprising it's taken the company this long.»
«In the store, it's an issue of queuing ? someone can have a complex order and step aside while it's being made.»
«If people started eating less Big Macs and Double Cheeseburgers, it would be a problem, ... Those are nice high-margin items for McDonald's.»
«I think it's great. You hear of skis being stolen. I just have my name on a sticker, but if you see 'police' on a sticker, maybe they'll leave them alone.»
«It's not a perfect world. There were some problems with the doughnut and coffee shops; the logistics were a little challenging. But I don't necessarily think ... that it has to be a hot doughnut.»
«While avian flu has become an increasing concern in Europe, we don't believe the company has seen any discernable impact on sales.»