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McDonald's

Financing

McDonald’s will reopen some restaurants in Ukraine

 By Jonathan Maze on Aug. 11, 2022

The burger giant said it has started a phased reopening of its locations in the country, which have been closed since the Russian invasion.

Financing

McDonald’s names Brian Rice chief information officer

 By Reyna Estrada on Aug. 01, 2022

The former Cardinal Health executive will lead the fast-food burger giant’s technology strategy as it eyes a bigger digital business.

Food

McDonald’s ends its plant-based test in the U.S. Now what?

By Jonathan Maze on Jul. 28, 2022

The fast-food burger chain is no longer testing its McPlant burger as analysts speculate that it didn’t go over as well as hoped.

Financing

McDonald’s CEO Chris Kempczinski on why the company is changing ownership standards

By Jonathan Maze on Jul. 27, 2022

He said now is the time to take this step, given the high demand for the chain’s restaurants, and suggested that only lower-performing franchisees should be concerned about the changes.

Financing

McDonald’s value future will be more personalized

By Jonathan Maze on Jul. 26, 2022

The Bottom Line: The burger chain, which thrived during the Great Recession with a Dollar Menu, hopes to get through the next recession with more local and targeted offers.

Financing

McDonald’s sales rise, thanks to digital and price increases

By Jonathan Maze on Jul. 26, 2022

Nearly one-third of sales in the fast-food burger chain’s biggest markets came from digital, while profits were hurt by Russia closures and rising costs for food and labor.

Financing

McDonald’s CEO Chris Kempczinski: Technology is no ‘silver bullet’ for labor

By Jonathan Maze on Jul. 26, 2022

The burger chain’s executive once again dismissed the prospect of robots and other automation for solving the industry’s labor woes, saying the economics “don’t pencil out.”

Financing

The pandemic is over, at least according to McDonald’s customers

By Jonathan Maze on Jul. 26, 2022

The fast-food burger giant saw more normalized use last quarter, as customers make smaller orders and go through the drive-thru less often. Chipotle Mexican Grill is seeing similar trends.

Financing

Why McDonald’s franchisee dispute is a big deal, even if investors are ignoring it

By Jonathan Maze on Jul. 20, 2022

The Bottom Line: We explain the depths of operators’ frustration with management, and why an independent association could take a vote of no confidence in McDonald’s top executives despite the chain’s strong performance.

Financing

McDonald’s franchisees upset with management over changes to ownership rules

By Jonathan Maze on Jul. 18, 2022

A vast majority of operators back a vote of no confidence in CEO Chris Kempczinski over tougher new standards on renewals, according to a survey by an independent franchisee association.

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