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McDonald's plans a big hiring push this summer

The fast-food giant and its franchisees vow to hire 375,000 people this summer, which would be the most in years. It also plans to open 900 U.S. restaurants by 2027.

Financing

Failure to launch: The McDonald's-Krispy Kreme partnership is a dud so far

The Bottom Line: The chains' partnership has been slow to progress and hasn't generated the sales both companies hoped for. Now it's on hold as Krispy Kreme works to improve its own struggling profitability.

The fast-food chain is selling company stores only to franchisees with a strong operations track record and is upping its standards for running restaurants. And its sales are showing progress.

Sales of doughnuts at the fast-food chain’s locations have fallen below expectations. Krispy Kreme said it won’t immediately add more restaurants as it works to improve sales and cut costs.

The drive-thru beverage chain’s sales and traffic increased, despite tough comparisons, as its stores in new markets continue to thrive. And it doesn’t fear economic uncertainty.

The fast-food giant started selling its McCrispy Strips nationwide on Monday, five years after it discontinued its chicken tenders. But the market is vastly different today.

The Bottom Line: Wendy’s is implementing a system collecting profitability data from its operators. It remains surprising that more restaurant franchises don’t do this.

The fast-food burger chain enjoyed sales growth thanks to its Thin Mint Frosty in February. But consumer confidence ultimately hurt traffic in March. The company has plans to change that.

The fast-food chicken chain plans 10 new restaurants this year, which would be its most since 2022. The company is looking to second-generation locations to expand at lower costs.

The fast-food giant’s same-store sales declined 3.6% in the U.S., and 1% globally, despite McDonald's value menu initiatives. CEO Chris Kempczinski said consumers are “grappling with economic uncertainty.”

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