John R. Moran

Dad, sugar addict, Partner @McKinsey. “What do I know, my specialty is just strategic analysis…”

[Joe Biden @JoeBiden]

Just like we drew it up.

[Jonathan Maze @jonathanmaze]

Wingstop 3Q comps 15.3%.

Interesting that as pizza chains have struggled post-pandemic, Wingstop--which also thrived during quarantine--has just killed it. Guess this is what happens when you add chicken sandwiches to your menu. $WING

[Matthew Yglesias @mattyglesias]

Hard to make sense of contemporary politics without acknowledging this kind of divergence.

Soft indicators not only worse then 2019 but *worst ever* even though the hard data is fine.

[John R. Moran @JohnRMoran]

https://t.co/XtUQuVr8vR

[John R. Moran @JohnRMoran]

@benbiotic @returnoftom Biden's student loan forgiveness plan was struck down by the Supreme Court?

And the Obama-Biden administration passed Obamacare, the closest we've ever gotten to universal healthcare?

Like what are you talking about?

[John R. Moran @JohnRMoran]

@jonathanmaze Topic??

[John R. Moran @JohnRMoran]

@jonathanmaze now do Chipotle!

[Michael Harriot @michaelharriot]

I can’t answer this question for Bill Maher but YOU CAN

A thread.

[Jonathan Maze @jonathanmaze]

I wrote about Raising Cane's, why it wants to be a Top 10 brand by 2030, and why that's not as far-fetched as it seems.

AUVs for Cane's now $5.4 million. Selling chicken fingers.

https://t.co/oGnXl1Vj0l

[Jason Goldberg @retailgeek]

Chip Bergh of @LEVIS #shoptalk consumer is changing where they buy denim. DTC used to be 20% of Levi’s sales, today it’s 40% of a much bigger business. #shoptalk #publiciscommerce

[Scott Galloway @profgalloway]

Peter Drucker, the most important business theorist of the twentieth century, said office buildings would be similar to the pyramids — we’d come to marvel at them, but they’d serve no functional purpose.
https://t.co/TXjLrjwAJh

[Jonathan Maze @jonathanmaze]

Shake Shack opened nine drive-thru locations, now has 11. Company expects to open 10-15 in 2023. Expecting AUVs of $4M for such locations. Buildout $2.4M-$3M. Similar or better profit margins than traditional location. $SHAK #ICRConference

[John R. Moran @JohnRMoran]

@joshtpm Have to follow @DLBiller, Brazil news director for the AP (and American)

[Jonathan Maze @jonathanmaze]

Taco Bell in 2018 had "virtually zero" digital sales. This year it is on pace for $3.1B of digital sales, 23% of system sales. $YUM

[Jonathan Maze @jonathanmaze]

Good morning! We have an acquisition: Dine Brands Global, owner of Applebee's and IHOP, is buying Fuzzy's Taco Shop for $80 million in cash. $DIN

https://t.co/HNGtyONe8x

[Jonathan Maze @jonathanmaze]

A few notes on Dutch Bros earnings:

1.7% comps;
Record number of new openings in 3Q;
Company has a 20-1 ratio of frontline applications to new hires;
90% of beverage sales are cold beverages;
Dutch expects to have 800 locations by the end of next year. $BROS

[Jonathan Maze @jonathanmaze]

#Restaurants added just 6,000 jobs last month. Still 500k workers short of pre-pandemic levels.

Economy added 261k jobs in October. Unemployment rate rose to 3.7%.