18 Quotes by John Glass
- Author John Glass
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We're finally really playing for something. We control our own destiny.
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- Author John Glass
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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.
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Certainly if you bought it last March, it was cheap. It was a value stock. It is generally regarded as a well-run company with a big return on investment. Buffett likes beaten-up names and things you can feel, touch and literally eat. It fits his profile pretty well.
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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.
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While avian flu has become an increasing concern in Europe, we don't believe the company has seen any discernable impact on sales.
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We will not opine about the feasibility of such a transaction,
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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.
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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.
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They've chosen not to invest as aggressively as other companies, but also they're not seeing the same sales ramp. You know $17 million in sales this year, that's not really a huge number,
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