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McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. Local value offerings have been on menus across the country and in the app as of late, including 10 piece nuggets for $1, among other deals, as a part of the broader value strategy. While operators are still voting on the 2025 value offerings, the initiative looks likely to pass, two people familiar with the matter said. In its most recent quarter, McDonald’s reported earnings and revenue that topped expectations, but saw its same-store sales fall globally by 1.5%. And when you do that with news and great marketing, you can get strong full margin check that goes along with some of those value programs,” he said.

Persons: McDonald’s, that’s, Chris Kempczinski, ”, coli Organizations: CNBC Locations: U.S

The Summary A Georgia woman has filed a lawsuit in response to the E. coli outbreak linked to organic carrots. Melinda Pratt says she was hospitalized for three days with an E. coli infection that she contracted after eating carrots from Grimmway Farms. Melinda Pratt had been buying the same brand of organic carrots for years: Bunny Luv by Grimmway Farms. Pratt filed a lawsuit Monday against Grimmway Farms. The company recalled batches of organic whole and baby carrots Saturday, after the Centers for Disease Control and Prevention determined that the products were likely linked to a multistate E. coli outbreak.

Persons: Melinda Pratt, Bunny, Pratt, “, ”, Ron Simon, Gomez, Grimmway, Dana Brennan, Jeff Huckaby, Simon, —, ” “ Organizations: Foods, Target, Grimmway, Centers for Disease Control, CDC, Washington, Associates, NBC News, Cleveland Clinic Locations: Georgia, Pratt, Savannah , Georgia, New York , Minnesota, Kern County , California, U.S

☆ McDonald’s has temporarily stopped selling espresso drinks at some US locations
▼ + stars: | 2024-11-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —A machine is giving McDonald’s a headache, and this time it’s not the one that makes ice cream. Melitta, the manufacturer of the $3,000 espresso machine, informed customers of a problem with the equipment, forcing McDonald’s to temporarily decommission them while the issue is resolved. As a result, McDonald’s customers can’t order its espresso-based drinks, including frappés and Americanos. The chain recently launched a spinoff restaurant called CosMc’s that focuses on specialty coffee drinks. “One area of focus has been identifying ways for McDonald’s to participate in attractive and fast-growing categories … we’ve honed in on specialty beverages and coffee,” McDonald’s CEO Chris Kempczinski previously said.

Persons: McDonald’s, Melitta, ”, it’s, Chris Kempczinski Organizations: New, New York CNN, CNN Locations: New York, Atlanta, Dallas, Pittsburgh , New York, Tampa , Florida

☆ McDonald's is reportedly spending $100 million to help lure customers back after the E. coli outbreak
▼ + stars: | 2024-11-18 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementMcDonald's is investing $100 million into recovering from an E. coli outbreak, CNN reported. McDonald's said the outbreak led to a drop in restaurant visits and sales. McDonald's is reportedly spending $100 million to lure customers back to stores following an E. coli outbreak linked to slivered onions served on Quarter Pounder hamburgers. AdvertisementAn additional $65 million will be spent on the franchisees that were worst affected by the outbreak, it said. AdvertisementIts new marketing campaign will reportedly include TV ads that showcase a 10 McNuggets for $1 deal that can be redeemed through the chain's app.

Persons: McDonald's, Michael Gonda, Tariq Hassan Organizations: CNN, Marketing, Business, US Centers for Disease Control, CDC Locations: North America

☆ Carrots sold at Trader Joe's and Wegmans recalled due to possible E. coli contamination
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +2 min

If you do your weekly grocery rounds at Trader Joe's or Wegmans, it might be time to check your fridge. The recalled carrots were shipped by Grimmway Farms to distribution centers in the U.S., Canada and Puerto Rico, and sold under multiple different labels, including Trader Joe's, Wegmans, Bunny-luv, Nature's Promise, Simple Truth and 365. Grimmway Farms has shared pictures of all the labels in question for customer awareness. While they are no longer being sold in stores, Grimmway Farms is warning customers who may still have them in their fridges to throw them away. "We take our role in ensuring the safety and quality of our products seriously," Grimmway Farms President and CEO Jeff Huckaby said in a statement.

Persons: Joe's, Grimmway, Jeff Huckaby Organizations: Centers for Disease Control, Prevention, CDC, Grimmway Locations: Bakersfield , California, U.S, Canada, Puerto Rico, Colorado , Montana and Nebraska

☆ McDonald's to invest over $100 million to speed up recovery after E. coli outbreak
▼ + stars: | 2024-11-15 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +2 min

A Quarter Pounder with cheese, fries and a drink arranged at a McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024. In the wake of last month's E. coli outbreak tied to McDonald's slivered onions, the fast food giant said it will invest over $100 million to boost restaurant sales and speed up the recovery at impacted franchisees. Of that total, $65 million will be invested into supporting owners who have lost business, targeting those in the hardest-hit states. Approximately $35 million will be invested traffic-driving programs, including marketing efforts, according to a memo to owners and employees viewed by CNBC. McDonald's will also be driving "local recovery plans for highly impacted markets" with more details to come in the weeks ahead, the memo said.

Persons: McDonald's, Michael Gonda, Tariq Hassan, Ian Borden Organizations: CNBC, Street Journal, Bloomberg, for Disease Control, CDC, and Drug Administration Locations: El Sobrante , California

☆ McDonald’s spends $100 million to lure customers back after E. coli outbreak
▼ + stars: | 2024-11-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is spending $100 million on marketing and to help franchises most heavily affected by a recent E. coli outbreak that has sickened more than 100 people and damaged sales. In a memo sent to employees and obtained by CNN, McDonald’s is spending $35 million on marketing, which includes a value deal focused on its chicken nuggets, plus $65 million directed toward franchisees that have lost business in states where the outbreak happened. Visits and sales took a nosedive in October after the Centers for Disease Control and Prevention and the Food and Drug Administration said that fresh slivered onions served on the Quarter Pounders were the likely source of an E. coli outbreak. More than 100 people got sick across 14 states and several lawsuits have been filed against the chain. McDonald’s has said recent tests showed no E. coli in its food, and in the memo noted its Quarter Pounder burgers topped with slivered onions are now back on menus nationwide.

Persons: New York CNN —, McDonald’s, ”, Michael Gonda, Tariq Hassan, Chris Kempczinski Organizations: New, New York CNN, CNN, Centers for Disease Control, Food and Drug Administration Locations: New York, North America

☆ Cheat sheet: How RFK Jr., Trump's pick for HHS secretary, promises to 'Make America Healthy Again'
▼ + stars: | 2024-11-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Robert F. Kennedy Jr. is President-elect Trump's pick to lead the US Department of Health and Human Services. Advertisement"Make America Healthy Again" is the new healthcare slogan from Robert F. Kennedy Jr., President-elect Trump's new pick for Health and Human Services secretary. AdvertisementHere's what we know so far about Kennedy's public health philosophy, and what kinds of reforms he might fight for in 2025 and beyond. Kennedy's MAHA ideas include shifts in some basic public health protocolsMost Americans have fluoridated tap water. His stance has public health officials spooked, because part of what makes vaccination work so well is the fact that nearly everyone in our society does it.

Persons: Robert F, Kennedy Jr, Trump's, He's, he'll, —, Trump, Kennedy, Leonard Ortiz, I'm, Mandy Cohen, Lindsey Nicholson, Robert Califf, John F, Kennedy's, Bernie Sanders, it's Organizations: US Department of Health, Human Services, RFK, Service, Health, HHS, National Institutes of Health, for Disease Control, Prevention, Food and Drug Administration, MediaNews, Orange, Getty, NBC, Washington DC, Union, FDA, Pharma, Big Pharma Locations: Washington, California, Trump

The number of illnesses in the E. coli outbreak linked to McDonald’s Quarter Pounders has risen to 104, up from 90 at last count, health officials said in an update Wednesday. The outbreak was announced last month, though some cases date to September, according to the Centers for Disease Control and Prevention. The CDC and McDonald's have both pointed to slivered onions served on Quarter Pounders as the likely source of the outbreak. In the last week, McDonald’s has resumed selling Quarter Pounders with slivered onions at the affected locations, relying on a different supplier for the onions. Several lawsuits have been filed against McDonald’s since the outbreak was announced, including a proposed class action.

Persons: McDonald’s, Taylor Organizations: Centers for Disease Control, CDC, Farms, Health, McDonald’s Locations: California, Colorado, Montana, Nebraska

The Summary A proposed class action lawsuit was filed against McDonald’s Tuesday — at least the third suit the chain faces over an E. coli outbreak linked to its Quarter Pounders. A proposed class action lawsuit was filed Tuesday against McDonald’s, the latest litigation over the E. coli outbreak linked to the fast-food chain’s Quarter Pounders. The complaint, which needs court certification to proceed as a class action, seeks damages exceeding $5 million for customers across the country who purchased contaminated Quarter Pounders. The proposed class action lawsuit is at least the third suit related to the E. coli outbreak. Willey said he has received “a lot” of calls from people looking to join the class action suit and he expects the number represented to grow.

Persons: McDonald’s, ”, Roy Willey, Willey, “ McDonald's, Amanda McCray, William Michael Kraft, Cesar Piña, ” McDonald’s, ’, “ Organizations: McDonald’s, “, Northern District of Illinois, Centers for Disease Control, CDC, Food and Drug Administration Locations: Chicago, Davie , Florida, Northern District, America, Nebraska, Colorado

The number of E. coli cases linked to McDonald’s Quarter Pounders has risen to 90, the Centers for Disease Control and Prevention said Wednesday, up from 75 reported cases last Friday. The slivered onions used on the burgers are the “likely source” of the outbreak, the CDC said. The true number of cases linked to the Quarter Pounders is likely much higher than the 90 reported so far. Thirteen states have reported cases: Colorado, Iowa, Kansas, Michigan, Missouri, Nebraska, New Mexico, Montana, Oregon, Utah, Washington, Wisconsin and Wyoming. According to McDonald’s, 900 restaurants across 12 states received the onions from Taylor Farms.

Persons: McDonald’s, —, Taylor, it's, It’ll, Taco, Burger Organizations: Centers for Disease Control, Prevention, CDC, Colorado Agriculture Department, NBC News, Drug Administration, FDA, Taco Bell, Burger King, KFC Locations: Grand Junction , Colorado, Colorado , Iowa , Kansas , Michigan , Missouri , Nebraska, New Mexico , Montana , Oregon , Utah, Washington , Wisconsin, Wyoming, Colorado, Washington, Farms

☆ Onions are likely source of E. coli outbreak linked to McDonald’s, federal agencies say; 15 additional cases reported
▼ + stars: | 2024-10-30 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +2 min

Additional cases associated with the outbreak have also been reported, bringing the total number of illnesses to 90 and hospitalizations to 27. “It is not necessary to avoid eating onions or other foods made with onions,” the CDC said. Diced onions used at McDonald’s have also not been linked to this outbreak, according to the FDA. Beef patties used on Quarter Pounders were also part of the investigation, which started on October 22. McDonald’s announced on Sunday that they would resume selling Quarter Pounders in all restaurants this week, but the 900 restaurants that had previously received slivered onions from Taylor Farms would not include onions on these sandwiches.

Persons: Burger, Taco, patties, Dr, Sanjay Gupta, McDonald’s Organizations: CNN, US Centers for Disease Control, Food and Drug Administration, CDC, Taylor, Taco Bell, KFC, FDA, Colorado Department of Agriculture, US Department of Agriculture’s, Inspection, CNN Health

☆ CDC says 90 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders
▼ + stars: | 2024-10-30 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

Ninety people in 13 states have been infected in a deadly E. coli outbreak linked to McDonald's Quarter Pounders, the Centers for Disease Control and Prevention said Wednesday, as it continues to investigate the source of the spread. Before Wednesday, the CDC last gave an update on the outbreak on Friday, when the agency said it had 75 cases in 13 states. Fresh slivered onions served on Quarter Pounders and other menu items at McDonald's are "the likely source of this outbreak," the CDC said on its website on Wednesday. The CDC believes the risk to the public is "very low" due to the efforts from McDonald's and Taylor Farms. Quarter Pounder hamburgers are a core menu item for McDonald's, raking in billions of dollars each year.

Organizations: Centers for Disease Control, Prevention, CDC, U.S Locations: Colorado, McDonald's, Colorado , Kansas, Wyoming, Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico , Oklahoma, Utah

☆ Polymarket's pro-Trump election predictions aren't so surprising when you look at the rest of the site
▼ + stars: | 2024-10-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

The betting site Polymarket has emerged as a hot topic in the 2024 presidential race. Wagers in its pop culture section show the bro-y vibe of the site: Zyn, Andrew Tate, and Hawk Tuah. Let's look at some of the wagers:Will Trump say "skibidi" before the election? Will Donald Trump say "mog" in 2024? AdvertisementFor the record, I think the odds that Trump will say "skibidi" before the election are way too low.

Persons: Trump, Andrew Tate, Hawk, —, Will Trump, Will Kamala Harris, Joe Rogan's, Will Donald Trump, Roaring Kitty, Logan Paul, Max Read, Joe Rogan, Gen Z'ers, MAGA, Theo Von, Adin Ross, Taylor Swift, Travis Kelce, Shayne Coplan, There's, Polymarket, haven't, I'm, who's, John Herrman, McDonald's Organizations: Service, Trump, New, New York Magazine, Harris, Dodgers, Yankees Locations: MrBeast

☆ America is obsessed with Chili’s
▼ + stars: | 2024-10-30 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —People apparently can’t get enough of the Big Smasher burger, $6 margaritas and Triple Dipper combination platters at Chili’s. The meal deal is now 11% of Chili’s business, with sales soaring 70% over the last year. The Triple Dipper is “very relevant with younger guests and how they prefer to eat with more variety, customization and experiential flavors through our wide variety of dips,” Hochman said. The Triple Dipper is a staple on TikTok, with customers filming their combinations and raving about it. Meanwhile, McDonald’s was seeing its fortunes recover because of the $5 meal deal, but its momentum was stunted because of an E. coli outbreak.

Persons: “, Brinker, Kevin Hochman, Chili’s, ”, Hochman, Don Julio, margarita, McDonald’s Organizations: New, New York CNN, Triple, Brinker Locations: New York, Chili’s, Placer.ai, United States

Despite a difficult quarter, McDonald’s looks resilient in the face of various pressures, analysts say — something the company shares with U.S. consumers overall. “The spotlight is always on McDonald’s because it’s so big” and something of a “bellwether,” she said. That spurred former President Donald Trump to sling fries this month at a Philadelphia-area McDonald’s in a photo op. Like many major brands, McDonald’s raked in big profits as the economy reopened from the pandemic. “The thing that McDonald’s had struggled with, and why I think we’re seeing kind of an inflection point, is a value proposition,” Senatore said.

Persons: McDonald’s, Mickey D’s, Chris Kempczinski, Kempczinski, Gordon Haskett, ” Kempczinski, Ravi Dhar, ”, Sara Senatore, Kamala Harris, Donald Trump, Mickey D’s ’, Senatore, they’d, —, Eric Thayer, ” Senatore, Sam Oches, Oches, ‘, “, Jim Salera, Stephens, Jack Kleinhenz, hasn’t, “ They’re, ” Oches Organizations: U.S, Yale University’s Center, Bank of America, Bloomberg, Getty, Coca, Walmart, Target, Walgreens, JetBlue, Democratic, National Retail, JPMorgan Locations: U.S, Philadelphia, Connecticut, Amazon

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

Kamberlyn Bowler, 15, said she ate McDonald's Quarter Pounders in the days before she became ill.At least 75 people have been infected with E. coli in an outbreak that McDonald's has said is likely linked to slivered onions served on Quarter Pounders. The previously healthy, active 15-year-old is now hospitalized and battling kidney failure — a rare and potentially life-threatening complication of E. coli poisoning. Kamberlyn, of Grand Junction, Colorado, is one of dozens of people who say they became sick after having eaten McDonald’s Quarter Pounders. McDonald’s says the most likely source of the contamination was slivered onions served on its Quarter Pounders. On Oct. 18, she was airlifted to Children’s Hospital Colorado outside Denver, where she has remained ever since.

Persons: Kamberlyn Bowler, McDonald's, McDonald’s, Taylor, preemptively, ”, Brittany Randall, Randall, ” Kamberlyn, ” Randall, Kamberlyn, Kamberlyn didn’t, ‘ Something’s, ’ ” Randall, “ It’s, we’ve, Brittany Randall Kamberlyn, “ We’re, HUS, Nicole Iovine, “, Iovine, ” McDonald’s, Joe Erlinger, ” Ron Simon, ” Simon Organizations: Centers for Disease Control, Children’s Hospital, CDC, HUS, UF Health Shands Hospital, USA, “ Locations: Colorado, Junction , Colorado, California, Children’s Hospital Colorado, Denver, Florida, HUS, Kamberlyn

☆ Washington Post owner Jeff Bezos defends decision not to endorse
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington Post owner Jeff Bezos defends decision not to endorseEric Dezenhall, Dezenhall Resources chairman, joins 'Squawk Box' to discuss news of Washington Post owner Jeff Bezos blocking the newspaper's endorsement of Vice President Kamala Harris for president, McDonald's response to its E. coli outbreak, and more.

Persons: Jeff Bezos, Eric Dezenhall, Kamala Harris Organizations: Washington, Dezenhall, Washington Post

☆ My daughter ate at McDonald's and got sick 10 days later. Now she's hospitalized with E. coli and acute kidney failure.
▼ + stars: | 2024-10-29 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

Brittany Randall believes her 15-year-old daughter contracted E. coli after eating at McDonald's. My 15-year-old daughter, Kamberlyn, ate the same meal at McDonald's, a Quarter Pounder with cheese and extra pickles, on September 25 and September 27. Ten days later, we were transferred to the nearest children's hospital for her to receive dialysis treatment for a life-threatening complication of E. coli. Kamberlyn told me she felt a bit better after receiving fluids from the hospital. The Food and Drug Administration has identified the onions on McDonald's Quarter Pounders as a possible source of this outbreak.

Persons: Brittany Randall, —, Kamberlyn Bowler, we'll, I'd, Kamberlyn, It's, she's, she'll, I'm, Bowler, Ron Simon, Joe Erlinger Organizations: Service, Business, McDonald's, Associates, Drug Administration Locations: Mesa County , Colorado

☆ McDonald's executives say E. coli outbreak is 'behind us'
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

A week after health authorities publicly linked a deadly E. coli outbreak to McDonald's Quarter Pounder burgers, the company's CEO, Chris Kempczinski, told investors that the situation is now behind them. On Sunday, McDonald's said Quarter Pounder burgers would return to the roughly 900 restaurants where the company had pulled the menu item following the outbreak. McDonald's has stopped sourcing onions from the supplier indefinitely and will return the Quarter Pounder to menus sans slivered onions. As of Friday, 75 health cases across 13 states have been tied to the outbreak, including one death of an older adult. At least three lawsuits have already been filed against McDonald's by victims of the outbreak.

Persons: Chris Kempczinski, we've, Kempczinski, McDonald's, Ian Borden, Borden Organizations: and Drug Administration

☆ Visits to McDonald’s plunged after the E. coli outbreak
▼ + stars: | 2024-10-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Americans around the country avoided McDonald’s last week after an E. coli outbreak left dozens of people sick. On Wednesday, the day after the E. coli outbreak was announced, customer visits to McDonald’s dropped 6.4% across the country and 24% in Colorado, where the outbreak was most prevalent, according to Placer.ai, which tracks foot traffic to restaurants and retailers. “The issue appears to be contained to a particular ingredient and geography, and we remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald’s restaurants,” McDonald’s said Sunday. The E. coli outbreak has overshadowed McDonald’s business and came as the chain was struggling to win back customers put off by higher prices. The quarter ended on September 30 and did not include sales following the announcement of the E. coli outbreak.

Persons: McDonald’s, ” McDonald’s, RJ Hottovy Organizations: New, New York CNN, Colorado Department of Agriculture, McDonald’s Locations: New York, Colorado, McDonald’s, United States

☆ McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.

Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China

☆ McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
▼ + stars: | 2024-10-29 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

McDonald's global sales fell for the second consecutive quarter, down 1.5%. AdvertisementGlobal sales at McDonald's have fallen for a second consecutive quarter as the fast-food chain struggled in international markets, especially France, the UK, China, and the Middle East. Sales were down 1.5% in its third quarter, following from a 1% slide in the previous quarter, ending June 30. Comparable sales in the US were virtually flat, up 0.3% from the same period in 2023, while sales in international markets dropped 2.1%. Sales in licensed international markets fell 3.5%.

Persons: —, Chris Kempczinski, Neil Saunders Organizations: Service, Consumers Locations: France, China, McDonald's

☆ 'Unfortunate' E. Coli disrupted McDonald's return to strength, says Evercore's David Palmer
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Unfortunate' E. Coli disrupted McDonald's return to strength, says Evercore's David PalmerDavid Palmer, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss to what degree E. Coli interrupted McDonald's strong quarter, how long the international weakness story will continue, and how the food safety issue will impact McDonald's going forward.

Persons: Evercore's David Palmer David Palmer

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