男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Value deals help McDonald's comeback

By Bloomberg | China Daily | Updated: 2016-07-21 08:24

McDonald's Corp's turnaround is showing signs of gaining steam - helped by all-day breakfast, value deals and lower commodity prices - even as labor costs and other headwinds linger.

The fast-food chain posted a 6.2 percent gain in same-store sales last quarter, the best performance in four years, and earnings topped analysts' estimates.

The results showed Chief Executive Officer Steve Easterbrook's plan to revive the world's largest restaurant chain is gathering momentum. Since taking the helm more than a year ago, he has revamped drive-thru ordering, tweaked kitchen operations and slimmed down the menu. The company also has reignited sales in the United States with all-day breakfast and McPick two-for-$2 and two-for-$5 deals.

"They're getting back to why customers fell in love with the brand," said Michael Halen, an analyst at Bloomberg Intelligence. "It's really just basic blocking and tackling."

As part of the overhaul, Easterbrook even changed the font on order receipts. That makes it easier for workers to read special requests from customers, improving accuracy.

Yet challenges remain for the burger chain. Companywide revenue still declined last quarter, the seventh straight drop, and higher labor costs are pressuring its profit margins. McDonald's also is embroiled in a dispute with the National Labor Relations Board over whether workers at its franchised restaurants qualify as company employees, a change that threatens to upend its business model.

While revenue dropped 0.9 percent to $5.9 billion in the quarter, that beat analysts' $5.81 billion average projection.

Net income rose to $1.23 a share in the quarter, the Oak Brook, Illinois-based company said in a statement. Analysts estimated $1.16, on average.

Profit is getting a boost from lower prices for ingredients, such as beef, and that trend may continue. The company said it expects its "grocery bill" of 10 commodities to drop by as much as 4.5 percent in the US this year, a larger decline than the company predicted in January.

Value deals help McDonald's comeback
?A McDonald's restaurant in downtown Beijing.? Jiang Dong / China Daily

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 定结县| 阿克| 玉屏| 怀柔区| 商洛市| 青冈县| 贵德县| 无极县| 高碑店市| 银川市| 洪洞县| 兰溪市| 富锦市| 枞阳县| 鹰潭市| 西乌珠穆沁旗| 滦平县| 德令哈市| 常宁市| 缙云县| 英超| 秀山| 红河县| 大邑县| 临朐县| 高平市| 平乡县| 加查县| 平武县| 石城县| 天水市| 宣威市| 临沭县| 富锦市| 渝中区| 常山县| 永川市| 新干县| 裕民县| 惠来县| 都安|