During McDonald’s last earnings conference call, CEO Chris Kempczinski said: “I think what you're going to see as you head ...
More low-income consumers are choosing to eat at home instead of dining out after years of fast-food price hikes, McDonald's CFO says. Ian Borden told analysts at the UBS Global Consumer and ...
A lot of us are feeling the pinch of inflation at grocery stores, but the rising food prices are also hitting restaurants.
McDonald’s previously shared plans to add another point of chicken share by 2026 as well through further McCripsy platform expansion into wraps and tenders. Also, CFO Ian Borden told investors there ...
McDonald's spent years trialing premium burgers. "We weren't successful," CFO Ian Borden said, noting that diners instead wanted bigger burgers. I ranked 6 fast-food fish sandwiches from Popeyes ...
UBS maintained its buy rating on McDonald's stock on Friday while slightly lowering its price target to $335 to reflect these challenges. The new price target still suggests an upside of about 25% ...
“It’s a challenging consumer environment,” said Ian Borden, McDonald’s CFO, noting that many consumers are trying to manage inflation, higher interest rates and dwindling savings ...
The company sees a major opportunity in the market for a “large, more satiating type burger,” according to CFO Ian Borden, who at a recent business conferencelaid out McDonald’s new strategy ...
During the UBS Global Consumer and Retail Conference on March 13, McDonald's CFO Ian Borden pointed out the "challenging consumer environment," noting inflation's impact on consumer spending.
McDonald's also brought back the Blueberry & Creme Pie around this time in 2022, which was its first return to the menu since 2017. CFO Ian Borden explained the company's key strategy in the ...
"Loyalty remained a significant growth driver for the quarter, in part fueled by the camp McDonald's promotion," CFO Ian Borden said during the chain's third-quarter earnings call. "A year after ...
New York (CNN) — Some lower-income Americans are rejecting McDonald’s and opting to cook at home instead, the fast food chain’s chief financial officer said at an investor conference on ...