Oops! sorry Jaime, got carried away by the thread on ladyboys!Please Steve! This is a family show!
Mac Donalds opened in Hua Hin
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I think Steve is right, I did hear of a local variation being marketed in Hua Hin. The Pla Mook Yai Burger.STEVE G wrote:Jaime wrote:Jaime, I think she’s trying to offer some alternatives to stop you wanting to see what she tastes like!I don't understand why the be-flip-flopped wannabe hippy blondie on the left of Dr Dave's photo is holding a placard telling us to exploit animals.
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I´ve always preferred Mc to BK. And they used to be cheaper as well. Sad to say, went to Mc HH a couple of days ago and they were far too more expensive than they are in BKK and even more expensive than the less tasty BK. Oh, well, sign of times.
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Hot off the grill. Pete
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CHICAGO - McDonald's Corp. said Friday its first-quarter earnings climbed 22 percent, boosted by surging sales in Europe and strong demand for its new U.S. menu items.
The fast-food leader also said it is franchising nearly 1,600 restaurants in Latin America and the Caribbean in a deal that will net it $700 million — part of its continued paring down of company-owned restaurants worldwide.
Profit for the first three months of the year was $762 million, or 62 cents per share, matching its April 13 estimate. That was up from $625 million, or 49 cents per share, in the same period a year ago.
The earnings were in keeping with a preliminary announcement by the company last week.
The Oak Brook-based company said revenue rose 11 percent to $5.46 billion from $4.91 billion. The consensus estimate of analysts surveyed by Thomson Financial was for revenue of $5.42 billion.
The company said its Latin American and Caribbean restaurants will now be franchised by a Latin American company called Woods Station, in a transaction being carried out in combination with a 20-year licensing program.
Under its development licensee program, ownership of company restaurants is effectively handed to local entrepreneurs who provide the capital and the land. Woods Station has been a McDonald's franchisee for more than 20 years.
It said it will take a $1.6 billion impairment charge in the second quarter, reflecting the transaction and accumulated currency translation losses, in line with previous guidance.
CEO Jim Skinner said McDonald's will use the proceeds received to increase the amount it expects to return to shareholders to at least $5.7 billion in 2007 and 2007 through dividends and share repurchases.
"For our customers and the McDonald's system, this transaction enables us to grow faster and become even more locally relevant in a part of the world that has exhibited strong demand for our brand," he said. "For our shareholders, the strategic actions we're taking will reduce volatility and further solidify our commitment to generate strong returns and focus management's attention on the markets with the greatest impact on our results."
McDonald's said it has recorded 48 straight months of higher sales from its established restaurants, its longest such streak since 1980.
McDonald's quarterly results were boosted by a particularly strong March, with same-store sales rising 8.2 percent worldwide and 11.2 percent in Europe, boosted by a discount-price or value menu in the United Kingdom and successful promotions in Germany and France.
The U.S. business, its largest market with about 13,800 restaurants, extended a four-year run of unusually strong results in the quarter with a string of new products including snack wraps, more salads and premium coffee, all introduced within the last year.
Shares in the company rose 72 cents to $49.50 in premarket trading. They hit a 7 1/2-year high of $49.13 earlier this week and are up 10 percent this year after a 31 percent jump in 2006.
The stock's continuing rally has stopped the push by activist hedge fund manager William Ackman for a financial restructuring last year when it was trading in the mid-$30 range. Shares are currently just off the all-time high of $49.56 reached Nov. 12, 1999.
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CHICAGO - McDonald's Corp. said Friday its first-quarter earnings climbed 22 percent, boosted by surging sales in Europe and strong demand for its new U.S. menu items.
The fast-food leader also said it is franchising nearly 1,600 restaurants in Latin America and the Caribbean in a deal that will net it $700 million — part of its continued paring down of company-owned restaurants worldwide.
Profit for the first three months of the year was $762 million, or 62 cents per share, matching its April 13 estimate. That was up from $625 million, or 49 cents per share, in the same period a year ago.
The earnings were in keeping with a preliminary announcement by the company last week.
The Oak Brook-based company said revenue rose 11 percent to $5.46 billion from $4.91 billion. The consensus estimate of analysts surveyed by Thomson Financial was for revenue of $5.42 billion.
The company said its Latin American and Caribbean restaurants will now be franchised by a Latin American company called Woods Station, in a transaction being carried out in combination with a 20-year licensing program.
Under its development licensee program, ownership of company restaurants is effectively handed to local entrepreneurs who provide the capital and the land. Woods Station has been a McDonald's franchisee for more than 20 years.
It said it will take a $1.6 billion impairment charge in the second quarter, reflecting the transaction and accumulated currency translation losses, in line with previous guidance.
CEO Jim Skinner said McDonald's will use the proceeds received to increase the amount it expects to return to shareholders to at least $5.7 billion in 2007 and 2007 through dividends and share repurchases.
"For our customers and the McDonald's system, this transaction enables us to grow faster and become even more locally relevant in a part of the world that has exhibited strong demand for our brand," he said. "For our shareholders, the strategic actions we're taking will reduce volatility and further solidify our commitment to generate strong returns and focus management's attention on the markets with the greatest impact on our results."
McDonald's said it has recorded 48 straight months of higher sales from its established restaurants, its longest such streak since 1980.
McDonald's quarterly results were boosted by a particularly strong March, with same-store sales rising 8.2 percent worldwide and 11.2 percent in Europe, boosted by a discount-price or value menu in the United Kingdom and successful promotions in Germany and France.
The U.S. business, its largest market with about 13,800 restaurants, extended a four-year run of unusually strong results in the quarter with a string of new products including snack wraps, more salads and premium coffee, all introduced within the last year.
Shares in the company rose 72 cents to $49.50 in premarket trading. They hit a 7 1/2-year high of $49.13 earlier this week and are up 10 percent this year after a 31 percent jump in 2006.
The stock's continuing rally has stopped the push by activist hedge fund manager William Ackman for a financial restructuring last year when it was trading in the mid-$30 range. Shares are currently just off the all-time high of $49.56 reached Nov. 12, 1999.
Did I imagine it ?
I was sure when I first read this thread that it stated the McDonalds was opening in place of the Subway shop. Now there is no reference to Subway.................or was it another thread ?
I understand the Subway is still open, any of you guys use it ?
Looking at a possible franchise somewhere so wondering how Subway does in HH.
I understand the Subway is still open, any of you guys use it ?
Looking at a possible franchise somewhere so wondering how Subway does in HH.
'If you didn't have a wasted youth you wasted your youth'
Man in pub circa 1987.
Man in pub circa 1987.
Re: subways
What do you mean?gooze wrote:Good food. But bloody exspensive.
I paid 72 Bt for two cheeseburgers today.
Don't think that's expensive mate.
Same junk food would cost me 163 Bt in my farang country.
I intend to live forever - so far so good.
Re: McDonalds
You've got to watch the Subway's over this side like a hawk. They will cheat on the meat/cheese and you'll end up with a foot long vegie sandwich. In the States they have a scale and weigh the portions to assure they match what's advertised, not here that I've seen. My partner brought home a steak and cheese last week and it was not only like chewing a shoe, the meat/cheese consisted of no more than six small strips layered along the bottom side of the roll. Petegooze wrote:Talking about Subways not McDonalds as regards to exspensive food.
PS: In all fairness though, false advertising does not appear to be in the law books here.