5 Comments

Interesting article, thanks for taking the time to research QSR. They do seem to have a lot of debt on the balance sheet though.

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What Ackman's QSR cost basis?

I think you need to do a QSR business breakdown podcast ? How about you invite Ackman or somebody from his team? :)

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Tim Horton’s is a deeply underrated concept. $7.2B system wide sales growing 10% SSS. CMG, which obviously has the quality/LO blessing, grew at similar if not slower rate through $7B sales back in 2021. Great piece.

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Qualitative speaking here in Italy ther Is a hudge difference between Mac and burger,the quality of the First Is Twice thank bk pretty on everything.not Easy to catch It,Mac are Always full,bk are pretty empty.I check then Daily since 2020

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Sometimes groupthink makes a lot of money. Could feeling that you have to have a differentiated/different view be a trap?

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