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On top of Adidas' solid top line performance I find that the company trades at an attractive discount compared to industry peers. According to the latest outlook Adidas still expects to earn $2.05 per share in 2014. This equals a trailing price/earnings ratio of fifa 17 coins this year's expected earnings per share. If I were to craft a turnaround strategy for McDonald's it would sound exactly like the one management detailed in its latest analyst conference call in early March. The themes of healthy eating customizable options integrating technology and being more nimble are exactly what the firm needs to regain its brand image among American millennials as well as the general public. There is certainly some skepticism in the media as you can see from this Bloomberg article titled "Why McDonald's Turnaround Plan Isn't Working," but I would blame this on the 24 hour news cycle that we live in.
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