Here is a snapshot of the math that Cowen, likely in conjunction with management, used to come up with the cost-savings as McDonalds increasingly lays off more and more minimum wage workers and replaces them with "Big Mac ATMs" MCD is cultivating a digital platform through mobile ordering and Experience of the Future (EOTF), an in-store technological overhaul most conspicuous through kiosk ordering and table delivery. Our analysis suggests efforts should bear fruit in 2018 with a combined 130 bps contribution to U.S. comps. We believe mobile ordering better supplements the drive-thru business where 70%+ of U.S. sales are transacted. In our view, MCD's differentiation lies in the operational enhancements of mobile ordering that includes curbside pick-up of orders in order to not disrupt the drive-thru.
Below we show Cowen's full math laying out why the restaurant chain's client-facing fast food workers are now obsolete: We are most excited for mobile ordering, Experience of the Future and the launch of fresh beef to help drive U.S. same store sales in 2018. We provide analysis for the latter three, which cumulatively we expect to contribute roughly 150 bps to U.S. same store sales in 2018, respectively. This gives us confidence to raise our 2018 U.S. same store sales forecast from 2% to 3%, in excess of Consensus Metrix’s 2.5%.
Talk about fast food workers begging for $15 dollars an hour royally screwing themselves, now that robots are replacing them at McDonald's in mass to work for free. See America this is the problem with people who demand things, because when it comes to a job those who demand better say goodbye...And in this case say hello to you're robot replacement.
This is another thing stupid complaining Liberal Democrats in America just don't get with the corporate world...In that you don't have to be paid at all and there is nothing illegal about this move by McDonald's. It's as simple as this when you force demands when you're not a boss or an owner...You win stupid prizes. It's even funny how that an analyst is even calling the workers being replaced by these AI Kiosks at McDonald's as obsolete. Here comes zero dollars an hour for all the demanding $15 an hour minimum wage idiots.