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Articles for Kempczinski, search results for quarter

Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak
1 month, 3 weeks ago

Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak

The Independent  

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Outbreak Sales Company Quarter Meal Coli Kempczinski
McDonald’s sales fall globally for first time in over three years
4 months, 3 weeks ago

McDonald’s sales fall globally for first time in over three years

Al Jazeera  

McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise. McDonald’s worldwide sales fell 1 percent in the April-June period, the fast food giant said on Monday, the first drop since the last quarter of 2020, when the COVID-19 pandemic and government restrictions closed businesses and kept millions of people at home. McDonald’s CEO …

Fast Food Kempczinski
McDonald's plans to step up deals and marketing to combat slower fast food traffic
7 months, 3 weeks ago

McDonald's plans to step up deals and marketing to combat slower fast food traffic

Associated Press  

McDonald’s plans to step up deals and value messaging to combat slowing sales. “The consumer is certainly being very discriminating in how they spend their dollar,” McDonald’s President and CEO Chris Kempczinski said Tuesday during a conference call with investors. AP AUDIO: McDonald’s plans to step up deals and marketing to combat slower fast food traffic. Still, the same-store sales …

Sales Israel Value Mcdonald Kempczinski Fast Food Traffic
McDonald’s blames Israel’s war in Gaza for missing sales target
10 months, 2 weeks ago

McDonald’s blames Israel’s war in Gaza for missing sales target

Al Jazeera  

Slump comes after customers in Muslim countries boycotted brand over its perceived support for Israel. McDonald’s has cited Israel’s war in Gaza as a factor in the fast food giant missing its first quarterly sales target in nearly four years. McDonald’s CEO Chris Kempczinski said on Monday that the war had had a “disheartening” effect on sales in Middle Eastern …

Sales Gaza Israel Muslim Kempczinski Muslim Countries
McDonald’s pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations
1 year, 1 month ago

McDonald’s pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

Associated Press  

McDonald’s said it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers. McDonald’s said its U.S. traffic fell slightly in the third quarter as it saw fewer visits from customers with annual incomes of $45,000 or less. McDonald’s revenue rose 14% to $6.69 billion, ahead of the $6.56 …

Value Kempczinski
Grimace campaign that went weirdly viral fuels McDonald’s Q2, yet growth may slow as inflation cools
1 year, 4 months ago

Grimace campaign that went weirdly viral fuels McDonald’s Q2, yet growth may slow as inflation cools

Associated Press  

McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales. The price increases that have helped fuel McDonald’s sales in recent quarters will moderate as inflation comes down, Chief Financial Officer Ian Borden said Thursday in a conference call with investors. …

Mcdonald Customers Kempczinski Grimace
Adult Happy Meals, McRib, feed McDonald’s sales in Q4
1 year, 10 months ago

Adult Happy Meals, McRib, feed McDonald’s sales in Q4

Associated Press  

Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. Sales soared in October after McDonald’s launched adult Happy Meals featuring limited-edition toys designed by the streetwear brand Cactus Plant Flea Market. A “farewell tour” for the cult favorite McRib sandwich drew in more U.S. customers in November and World Cup …

Europe Sales Company Borden Kempczinski
Adult Happy Meals, McRib, feed McDonald's sales in Q4
1 year, 10 months ago

Adult Happy Meals, McRib, feed McDonald's sales in Q4

Daily Mail  

Adult Happy Meals and other limited-time promotions boosted traffic at McDonald´s restaurants during the fourth quarter despite higher prices. A "farewell tour" for the cult favorite McRib sandwich drew in more U.S. customers in November and World Cup promotions fueled double-digit increases in delivery sales in McDonald's ten largest markets. Strong sales at home helped overcome weakness in China due …

Europe Sales Company Mcdonald Borden Kempczinski
McDonald’s US sales strong in Q4, but COVID drags elsewhere
3 years, 10 months ago

McDonald’s US sales strong in Q4, but COVID drags elsewhere

Associated Press  

McDonald’s is back on track in the U.S. and other key markets but still seeing a sales drag from coronavirus restrictions in other parts of the world. U.S. same-store sales jumped 5.5% in the October-December period, pumped up by new menu items like spicy Chicken McNuggets and a meal deal collaboration with Colombian singer J Balvin. For the full year, …

Sales Kempczinski