McDonald's sees inflation sticking around [FOX Business Network]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: FOX Business Network
Chief executive Chris Kempczinski said in a press release, the fast food chain's accelerating the Arches strategy helped drive over 10% comparable sales growth and 5% in comparable guest count growth globally in 2022. "While we expect short-term inflationary pressures to continue in 2023, we remain highly confident in Accelerating the Arches, which now includes a greater emphasis on new restaurant openings," Kempczinski added. According to the company release, the Accelerating the Arches project will work alongside the recently announced Accelerating the Organization initiative, enabling the restaurant to be faster, more innovative and efficient. MCDONALD'S TESTING A NEW STRAWLESS LID, DIVIDING SOCIAL MEDIA USERS McDonald's 4Q and 2022 rundown The fast-food chain recorded fourth-quarter earnings of $2.59 a share on $5.93 billion in sales, after a FactSet survey predicted earnings of $2.46 a share on revenue of $5.72 billion. MCDONALD'S CUSTOMER MISTAKENLY GIVEN BAG CONTAI
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- MCD's page on the SEC website