Search:

The search returned 20 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:




















McDonald's Reports Second Quarter 2020 Results

McDonald's Corporation today announced results for the second quarter ended June 30, 2020.

"Throughout our history, McDonald's has demonstrated the strategic foresight necessary to position our business for the future. Our strong drive-thru presence and the investments we've made in delivery and digital over the past few years have served us well through these uncertain times. We saw continued improvement in our results throughout the second quarter as markets reopened around the world," said McDonald's President and Chief Executive Officer Chris Kempczinski. "I'm especially proud of the way the McDonald's System continues to provide a safe environment for both customers and crew, building on...

Full Story »
Jul 28 9:19 AM, General News



McDonald's Introduces New COVID-19 Safety Precautions in the U.S.

From the onset of the COVID-19 pandemic, Mcdonald's has based decisions on its top priority: protecting the health and well-being of its employees and customers. In order to build on that commitment, McDonald's taking three important additional steps:

  • Requiring customer face coverings in the restaurants
  • Adding protective panels to front- and back-of-house
  • Pausing dining room re-openings for an additional...
Full Story »
Jul 27 8:37 AM, General News


McDonald's Restaurants Anticipate Hiring Approximately 260,000 this Summer

As states and communities continue to re-open their economies, McDonald’s restaurants are expecting to hire approximately 260,000 restaurant employees in the U.S. this summer. This comes as McDonald’s restaurants begin to welcome customers back into dining rooms with extra precautions in place.

McDonald’s has implemented nearly 50 new safety procedures to protect crew and customers. These include wellness and temperature checks, social distancing floor stickers, protective barriers at order points, masks and gloves for employees with the addition of new procedures, and training for the opening of dining rooms.

“We are excited to welcome new employees to our McFamily, and we want candidates and their families to know we have one goal – to keep our people safe. We’ve put new minimum national standards and nearly 50 new processes in place in our restaurants as they continue to...

Full Story »
Jun 22 8:16 AM, General News


McDonald's Reports April and May 2020 Comparable Sales and Provides COVID-19 Business Update

McDonald's is providing comparable sales results and an update on the COVID-19 impact to the Company's operations ahead of the second quarter earnings announcement.

Highlights:

  • 95% of McDonald's restaurants around the world are open to serve customers.
  • Comparable sales have improved sequentially from late March through May.
  • The Company is investing in the System to accelerate recovery.

"Our strong foundation and the unique advantages of the McDonald's System, including...

Full Story »
Jun 16 9:48 AM, General News


McDonald’s Unveils Additional Safety Standards to Protect Restaurant Crew and Customers 

The following statement was made by Joe Erlinger, President of Mcdonald's USA.

"These last few weeks have been immensely difficult for many across the country, and on behalf of the entire McDonald’s system, our franchisees and supplier partners, thank you for your trust and allowing us to continue serving you during this time. I also want to thank the hardworking restaurant crew, the heart and soul of McDonald’s, who have continued to serve first responders, healthcare workers and communities throughout this crisis.

Many people are depending on us right now for a hot meal, which is why 99 percent of our restaurants have remained open, continuing to offer McDonald’s favorites – and a small bit of...

Full Story »
May 14 9:35 AM, General News


McDonald's Reports First Quarter 2020 Results

McDonald's Corporation today announced results for the first quarter ended March 31, 2020.

"Following our strong performance in 2019, McDonald's began 2020 with exceptional global momentum, and our January and February sales were reflective of that trend. Since then, the global crisis caused by the COVID-19 pandemic has significantly disrupted our business, and we continue to operate in a very challenging and unpredictable environment," said McDonald's President and Chief Executive Officer Chris Kempczinski. "McDonald's has seen...

Full Story »
May 1 9:32 AM, General News


IFA Announces New Initiative to Ensure Truck Drivers have Access to Food on the Road

The International Franchise Association (IFA) today announced that it is working with the Owner–Operator Independent Drivers Association (OOIDA) and The American Trucking Associations (ATA) on a new project aimed at helping truck drivers to navigate the coronavirus pandemic.

Truck drivers are playing a unique and essential role keeping the economy functioning during this period of social distancing and quarantine. However, because increased restrictions on dine-in options, truck drivers are struggling to eat on the road and facing new challenges as they do their jobs. In short, their trucks are too big to fit in a drive-thru, it’s largely prohibited for..

Full Story »
Apr 3 8:25 AM, General News


Restaurants Limit Business to Prevent Spread of Coronavirus 

Due to the spread of the coronavirus in the United States, restaurants and bars are closing or limiting business to prevent further contamination. Governors in states including California, Ohio, Illinois, Massachusetts, and Washington have closed restaurants, bars, and wineries. Meanwhile, mayors of major cities throughout the country have ordered similar restrictions. These decisions come amid growing pressure for state and city governments to act as the number of coronavirus cases in the United States is rising. At the time of this publication, there are over 3,800 cases throughout the country.

Several restaurant chains announced that they will be closing their dining rooms, switching to take out or delivery models until further notice. Chick-fil-A announced...

Full Story »
Mar 16 10:23 AM, Urner Barry


McDonald's to Celebrate National Egg McMuffin Day, As Breakfast Wars Heat Up

With Wendy's launching a nationwide breakfast menu on Monday, McDonald's is heading into the breakfast battle by declaring Monday, March 2, National Egg McMuffin Day. McDonald's is inviting guests to celebrate by getting a free Egg McMuffin from 6-10:30 AM. To redeem the offer, customers need to download the McDonald's mobile app. “While we’re giving the Egg McMuffin its moment, we’re really honoring our breakfast fans who have woken up with McDonald’s breakfast for nearly 50 years. And we just thought, ‘hey, why not declare March 2 as National Egg McMuffin Day?’,” said David Tovar, Vice President of U.S. Communications. McDonald's also released 5 crave-worthy reasons why consumers will want to start their day with an Egg McMuffin.

The declaration of National Egg McMuffin Day could potentially disrupt Wendy's launch of their new breakfast menu, also being released on March 2nd. Wendy's breakfast menu brings a fresh twist to familiar flavors and pays homage to Wendy's fan favorites. The menu features items like...

Full Story »
Feb 28 10:25 AM, Urner Barry


McDonald's Reports Fourth Quarter and Full Year 2019 Results 

McDonald's Corporation today announced results for the fourth quarter and year ended December 31, 2019.

"2019 marked a year of significant milestones for McDonald's - including surpassing $100 billion in Systemwide sales and achieving our highest global comparable sales growth in over a decade," said McDonald's President and Chief Executive Officer Chris Kempczinski. "Through the execution of our Velocity Growth Plan, we once again served more customers the food they crave, marking three consecutive years of global comparable guest count growth."

Fourth quarter highlights...

Full Story »
Jan 29 9:42 AM, General News


McDonald’s Goes Bigger on Breakfast by Adding the McChicken to Its Morning Menu Nationwide

For the first time, customers across the country can wake up to McDonald’s Chicken McGriddles and McChicken Biscuit breakfast sandwiches for a limited time. Available as early as 6am for fans looking to get a jump on their mornings, and always 7 days a week. A staple long-beloved by McDonald’s Southern customers, the two menu additions now give everyone the chance to enjoy McChicken for breakfast.

  • Chicken McGriddles: Soft, warm griddle cakes with the sweet taste of maple, paired with our fan-favorite McChicken
  • McChicken Biscuit: A warm, buttery biscuit paired with our beloved McChicken sandwich...

 

Full Story »
Jan 28 9:20 AM, General News


McDonald’s Expanding Trials of Plant-Based Burger in Canada

McDonald’s announced the trial of its Beyond Meat burger has expanded to more locations in Canada as it attempts to gain feedback on its new plant-based menu item.

The burger will be available in 52 restaurants in Southwestern Ontario, starting on January 14. The sandwich, dubbed, “P.L.T.” for plant, lettuce, tomato was introduced to test markets last September in 28 restaurants in Ontario and nearby regions.

“The initial test of the P.L.T. allowed us to learn more about guest demand and how to integrate this new menu item into restaurant..."

Full Story »
Jan 9 8:49 AM, Urner Barry


McDonald’s Names Ian Borden as President, International

McDonald's Corporation today announced that Ian Borden, most recently President, International Developmental Licensed (IDL) Markets, has been appointed to President, International, effective immediately. Borden will continue reporting to Chris Kempczinski, McDonald’s President and Chief Executive Officer. This announcement follows the appointment of Joe Erlinger to President, McDonald's USA.

In his new role, Borden will assume oversight for all international markets, including International Operated Markets (IOM) which include all wholly-owned markets outside of the U.S., in addition to the more than 80 markets in the IDL segment that he oversees in his current role.

“Ian has a proven record of focusing on the customer to deliver profitable business growth while strengthening collaboration with our global franchisee community,” said Chris Kempczinski, McDonald’s President and Chief Executive Officer. “His deep experiences leading...

Full Story »
Dec 10 11:40 AM, General News


McDonald's USA Signs Large-Scale Virtual Power Purchase Agreements

McDonald's announced the signing of two long-term, large-scale virtual power purchase agreements (VPPAs), whereby McDonald's will buy renewable energy generated by Aviator Wind West, a wind power project located in Coke County, Texas and a solar project located in Texas. The combined 380MW in renewable energy expected to be generated from McDonald's contribution to these projects will help to prevent over 700,000 metric tons of carbon emissions each year, which is equivalent to planting more than 11 million trees or taking over 140,000 cars off the road for one year. Additionally, the energy generated by these U.S. projects will be equivalent to over 2,500 restaurants-worth of electricity.

In March 2018, McDonald's became the first restaurant company in the world to set a greenhouse gas (GHG) emissions target approved by the Science Based Targets initiative (SBTi). These two U.S. renewable energy projects will...

Full Story »
Nov 8 8:20 AM, General News


McDonald's Reports Third Quarter 2019 Results

McDonald's Corporation today announced results for the third quarter ended September 30, 2019.

"Our third quarter performance was strong, and broad-based momentum continued with our 17th consecutive quarter of global comparable sales growth," said McDonald's President and Chief Executive Officer Steve Easterbrook. "Globally, our customers are rewarding our commitment of running better restaurants and executing our Velocity Growth Plan by visiting more often."

Third Quarter Highlights:

  • Strong, global comparable sales of 5.9% demonstrated broad-based strength with the International Operated segment increase of 5.6%, the U.S. increase of 4.8%, and the International Developmental Licensed segment increase of...
Full Story »
Oct 22 9:13 AM, General News


McRib Season is Almost Here

‘Tis the season for the saucy return of the McRib to participating McDonald’s restaurants nationwide!

The craveable and delicious sandwich – a seasoned boneless pork slathered in tangy barbecue sauce and topped with slivered onions and tart pickles – is set to return for a limited time in more than 10,000 U.S. restaurants as early as Monday, Oct. 7. To locate the closest participating restaurant, customers can enter their zip code at mcdfinder.com.

“We’re always listening to our customers and we know the McRib has some of the most loyal fans,” said Chef Chad Schafer, Senior Director of Culinary Innovation & Commercialization at McDonald’s USA. “This year we’re excited to...

Full Story »
Oct 4 10:11 AM, General News


McDonald’s Tests New Plant-Based Burger in Canada

McDonald’s will be conducting a 12-week test of a new plant-based burger called the P.L.T., which stands for Plant. Lettuce. Tomato. in 28 restaurants in Southwestern Ontario, starting September 30. The P.L.T. is made with a Beyond Meat plant-based patty that has been crafted exclusively by McDonald’s, for McDonald’s, to deliver the iconic taste customers know and love.

“McDonald’s has a proud legacy of fun, delicious and craveable food—and now, we’re extending that to a test of a juicy, plant-based burger,” said Ann Wahlgren, McDonald’s VP of Global Menu Strategy. “We’ve been working on our recipe and now we’re ready to...

Full Story »
Sep 26 9:03 AM, General News


McDonald’s to Acquire Apprente, an Early Stage Leader in Voice Technology

McDonald’s Corporation (MCD) announced today an agreement to acquire Apprente, an early stage leader in voice-based, conversational technology. The agreement marks another bold step in advancing employee and customer facing innovations while further strengthening McDonald’s technology capabilities. The announcement comes after extensive exploration with several parties, including evaluating Apprente’s solutions in McDonald’s test restaurants.

Apprente was founded in 2017 in Mountain View, California, to create voice-based platforms for complex, multilingual, multi-accent and multi-item conversational ordering. In McDonald’s restaurants, this technology is expected to allow for faster, simpler and more accurate order taking at the Drive Thru with future potential to incorporate into mobile ordering and kiosks.

“Building our technology infrastructure and digital capabilities are fundamental to our Velocity Growth Plan and enable us to meet rising expectations from our customers, while...

Full Story »
Sep 10 10:02 AM, General News


McDonald's Adds Grubhub as Delivery Partner in NYC and Tri-State Area

Today, McDonald's USA and Grubhub announced a new partnership to begin expanding McDelivery to approximately 500 restaurants in the NYC and Tri-State Area. McDelivery will be available on the Grubhub marketplace and the company's New York brand, Seamless.

"At McDonald's, we're constantly innovating to find new ways to best serve our customers whenever and wherever they want, whether it's dining in our newly modernized restaurants, on-the-go through mobile order and pay or our drive-thru, or McDelivery. The convenience of McDelivery has been available to our customers in the NYC and Tri-State area for the past two years," said Marcos Quesada, Vice President of McDonald's Stamford Field Office. "We are excited to add Seamless and Grubhub, leading delivery platforms in NYC, to our McDelivery service and to create more options for...

Full Story »
Sep 6 8:55 AM, General News


McDonald’s to Spice Up Menus with New Spicy BBQ Glazed Tenders and Spicy BBQ Chicken Sandwich

September just got a whole lot saucier at McDonald’s.

Introducing McDonald’s new Spicy BBQ Glazed Tenders and Spicy BBQ Chicken Sandwich, two new chicken menu items coming to participating restaurants nationwide for a limited time beginning on September 11. Perfectly sauced with just the right amount of spice, the new offerings are set to be an unexpected, feel-good boost to any occasion, from backyard parties to tailgates.

  • Spicy BBQ Glazed Tenders: Picture our classic Buttermilk Crispy Tenders, battered and breaded to perfection, hand-tossed and perfectly sauced to order in our new, mouthwatering Spicy BBQ glaze that contains just a hint of jalapeno.
  • Spicy BBQ Chicken Sandwich: This BBQ staple features...
Full Story »
Sep 5 10:19 AM, General News




URNER BARRY INDICES




Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.