NEW YORK (TheStreet) -- Thanksgiving is like the Super Bowl for Boston Market. "It's a huge day for us," CEO George Michel told TheStreet TV's Gregg Greenberg. The company will serve over 1 million customers this Thursday.
Some of them will be dining in and some will be ordering pick-up, Michel explained. Menu prices will increase about 4% year-over-year due to higher input costs.
Boston Market is now "busier than we've ever been," he added, with same-store sales up 25% over the past three years.
Consumers have been migrating to Boston Market from burger chains, fast-food establishments and even fast-casual dining restaurants, he said. They are also opting for chicken, fish and turkey more than they have in the past.
It's good for consumers to know what they're eating, he added. The Food & Drug Administration will now require restaurants to post calorie counts on their menus.
That's fine for Boston Market, since Michel said that this information is not meant to be kept secret from customers. It's important for them to know what they're putting in their bodies, he said.
Currently Boston Market has 460 locations in the U.S., with another 12 to 15 planned for 2015. However, Michel also has his sights focused on international expansion, particularly in the Middle East.
But one plan the company doesn't have is for an IPO. Private equity firm Sun Capital Partners owns Boston Market, but the only focus is on expanding locations and growing the business, he said.
An IPO is not part of the discussion at the moment, Michel concluded.
TheStreet Ratings team rates MCDONALD'S CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate MCDONALD'S CORP (MCD) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: MCD Ratings Report