John Glass Quotes (11 Quotes)


    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.

    Instead of focusing on opening new stores, the company is investing on improving its existing stores, ... Second, McDonald's is doing a good job with product innovation and improving quality. It's a philosophical change whereby instead of selling burgers cheaply, it's now selling better menu items at a higher price and consumers are paying for it.

    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 company has been grooming Bell for that role and he's certainly become more of a public face of the company recently.

    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.

    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.

    While avian flu has become an increasing concern in Europe, we don't believe the company has seen any discernable impact on sales.

    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.

    We're finally really playing for something. We control our own destiny.

    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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