Business
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Jon Keegan

McDonald’s franchise owners can finally repair their McFlurry machines themselves

A new ruling from the Copyright Office will finally give McDonald’s franchise owners the right to repair their McFlurry machines, which are notorious for being out of order.

Much like the farmers who have long sought to repair their own John Deere tractors, only to be thwarted by onerous restrictions and software locks, McDonald’s franchise owners have been unable to fix their own machines.

Instead, they’re forced to wait for scarce repair technicians from Taylor, the manufacturer of the machines used to make McFlurries.

The narrow carve-out for commercial food equipment follows a public outcry from McD’s fans and various former presidents. The new rule will allow franchise owners with broken Taylor ice-cream machines to make the fixes themselves, or turn to third parties for the repairs.

This is good news for McDonald’s owners amidst the company’s struggle to recover from an E. coli outbreak. It reported quarterly results this morning, beating earnings estimates for its 2024 Q3 while growing revenue 3% year-over-year, sending shares up 1% in early trading.

Instead, they’re forced to wait for scarce repair technicians from Taylor, the manufacturer of the machines used to make McFlurries.

The narrow carve-out for commercial food equipment follows a public outcry from McD’s fans and various former presidents. The new rule will allow franchise owners with broken Taylor ice-cream machines to make the fixes themselves, or turn to third parties for the repairs.

This is good news for McDonald’s owners amidst the company’s struggle to recover from an E. coli outbreak. It reported quarterly results this morning, beating earnings estimates for its 2024 Q3 while growing revenue 3% year-over-year, sending shares up 1% in early trading.

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eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

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