[ad_1] McDonald’s Corp. is experiencing a “meaningful business impact” in the Middle East due to the war between Israel and Hamas, according to Chief Executive Officer Chris Kempczinski. The burger…
Tag: Chris Kempczinski
WSJ News Exclusive | McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices
[ad_1] The fast-food company is expected to notify workers of their job status virtually. The layoffs are part of a broader restructuring. [ad_2] Source link
Brisk Sales Are Powering Restaurant Stocks
[ad_1] U.S. consumers are still flocking to restaurants and bars. Lately, shareholders have been cashing in. The restaurant industry usually fares well when labor and food costs rise gradually, and…
Starbucks Reports Record Quarterly Revenue While Costs Rise
[ad_1] The coffee giant misses profit expectations and notes inflationary challenges. [ad_2] Source link
McDonald’s Sales Boosted by Adult Happy Meals, Price Increases
[ad_1] McDonald’s said global same-store sales were up 12.6% in the fourth quarter but cautioned that rising costs continue to pressure its restaurants. [ad_2] Source link
WSJ News Exclusive | McDonald’s to Make Staff Changes by April as Part of Broader Revamp
[ad_1] The plan comes as the company said it would expand its business globally, including through new and more types of restaurants. [ad_2] Source link