McDonald's CEO expects high inflation, lackluster traffic are here to stay
McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.
Every headline mentioning McDonald's from CNBC, Yahoo Finance and Investing.com over the last 30 days, each scored for sentiment and importance. Updated automatically through the trading day.
McDonald's CEO Chris Kempczinski said that he expects that high inflation and flat traffic will continue to weigh on the restaurant industry.
McDonald's is following the lead of Amazon and Walmart as it starts its own media network.
Investors aren’t sold on plans to introduce new McNugget flavors, and an analyst recently noted that McDonald’s has struggled to break through on chicken-related innovation.
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The plans are part of the fast-food giant's new growth strategy, called McDonald's > NEXT.
Adults are scooping up promotional items out of nostalgia — and playing into a frenzy around collectibles .
McDonald's announced this week that it is revising its U.S. value strategy after recording its slowest sales growth in more than a year.
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