Counter Culture

While the coffee sector isn’t too kind to Starbucks lately, McDonald’s had a profitable second quarter due, in part, to its push into that beverage space.

That’s what WD Partners analyst Dennis Lombardi says in this MarketWatch audio interview where he talks about the fast-food giant’s strong Q2. “People are still learning that it’s a great cup of coffee.”

Is McDonald’s taking away Starbucks’ market share?

Is McDonald’s going after Starbucks?

According to a report earlier this week, McDonald’s will install coffee bars helmed by baristas in its 14,000 locations nationwide.
Continue reading ‘McDonald’s Vs. Starbucks?’