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McDonald targets mid-single digit sales growth in 2021 and 2022

first_img– Advertisement – Still, the company reminded investors of the ongoing uncertainty as a result of the coronavirus crisis. It said it would continue to evaluate its financial expectations and will provide updates if warranted.Earlier on Monday, the company reported its third-quarter results, topping analysts’ estimates for both its earnings and revenue. McDonald’s U.S. business saw same-store sales return to growth in the quarter, boosted by popular promotions, like its deal on rapper Travis Scott’s favorite order and the limited-time spicy McNuggets.McDonald’s shares were recently up nearly 4% in premarket trading. The stock, which has a market cap of nearly $167 billion, has risen nearly 10% since the start of the year.- Advertisement – McDonald’s incoming U.S. President Chris Kempczinski speaks during a press conference in New York November 17, 2016.Shannon Stapleton | Reuters As the coronavirus pandemic has upended both McDonald’s business and the broader restaurant industry, the company is taking note of how consumer behavior has changed. Its new strategy unveiled to investors on Monday doubles down on such trends, like customers’ preference for core menu items and the surge in drive-thru orders.With its digital sales expected to exceed $10 billion this year, the company is planning to launch “MyMcDonald’s” across its six top markets by the end of next year. The new platform will tie together McDonald’s various tech investments, like its app and digital menu boards, and make it easier for customers to order and pay for their food. McDonald’s will test a loyalty program in the Phoenix area as part of the plan.The company said it plans to take advantage of the strength of its drive-thru lanes by testing automated order taking, drive-thru lanes only for digital orders and a restaurant design without any indoor dining. McDonald’s also said that the “vast majority” of new restaurants in the United States and its International Operated Markets segment, which includs France and the United Kingdowm, will have drive-thru lanes.The pandemic has also pushed McDonald’s customers to return to their classic menu items, like the Big Mac or McNuggets. The company said that its core menu items account for about 70% of its sales. It’s planning on tweaks to improve the taste of its burgers, like toasting the buns golden brown and changing how they’re grilled.But chicken is growing faster than beef. In response, McDonald’s is planning to expand its line of chicken offerings, including the long-awaited launch of its Crispy Chicken Sandwich in the U.S. early next year. The sandwich is meant to rival those of Chick-fil-A and Popeyes.McDonald’s strategy also includes staying relevant for its consumers. Its famous orders promotions, like those with Scott and reggaeton singer J. Balvin, are “just the beginning.”The chain plans to roll out new packaging worldwide and an advertising campaign focused on its values and commitments to workers, suppliers and franchisees.This is breaking news. Please check back for updates.Programming Note: For more on McDonald’s, watch CEO Chris Kempczinski on “Squawk on the Street” at 10 a.m. ET Tuesday.center_img McDonald’s said Monday it’s expecting mid-single digit sales growth in 2021 and 2022 as the fast-food giant plots its recovery from the coronavirus pandemic.Its strategy to drive sales growth includes more collaborations with celebrities, adding more chicken to its menu and piloting a loyalty program in the U.S.The company told investors that it’s expecting annual capital expenditures of $2.3 billion, about half of which will be spent building new restaurants. New locations will contribute about 1.5% to 2% to McDonald’s systemwide sales growth in 2022.- Advertisement – – Advertisement –last_img read more

H1N1 FLU BREAKING NEWS: First Jamaican death, Chile cancels festival, military flu surveillance, advisory for OB settings

first_imgJul 7, 2009Jamaica reports first pandemic flu deathJamaica’s health ministry yesterday reported its first novel flu death, a patient who had an underlying medical condition who died at the University Hospital of the West Indies in Kingston, the Jamaica Observer reported. The ministry has asked a medical team to investigate the death. Jamaica reported its first novel flu cases in late May, and on Jun 24 announced the virus was spreading in the community. So far 33 cases have been reported, including the recent fatality.Chile officials cancel religious festival to curb flu spreadChile’s health ministry recently cancelled a large religious festival, set to converge on a small town in the southern part of the country, in an effort to slow the spread of pandemic flu, the Santiago Times reported on Jul 3. The dance and music celebration typically brings 200,000 visitors to the town of La Tirana. The event was last cancelled in 1991 during a cholera outbreak. The World Health Organization said yesterday Chile has confirmed 7,376 novel H1N1 cases.Military flu data boosts global influenza surveillanceA profile of US military flu surveillance efforts, to appear in the September issue of the American Journal of Preventive Medicine, illustrates the importance of global influenza surveillance and quick access to epidemiologic data, the journal said in a press release today. Military surveillance efforts began in the 1970s and have made notable contributions, such as detecting the first novel H1N1 cases in the United States. Military disease surveillance is active in 56 countries.[Jul 7 Am J Prev Med press release]CDC issues flu advisory for OB settingsThe Centers for Disease Control and Prevention (CDC) yesterday released interim guidance for preventing and managing novel H1N1 infections in obstetric settings. Severe illnesses in pregnant women and infants have been a feature of the flu pandemic, though experts don’t have a firm grasp on the epidemiology and illness spectrum. The new guidance says areas where prenatal care and labor and delivery services are delivered should be separated from areas where the sick are handled.[Jul 6 CDC guidance]last_img read more

US defense secretary to visit Indonesia amid increased tension with China

first_imgWith the United States renewing its campaign against China in the Indo-Pacific theater, Defense Secretary Mark Esper expressed his intention to visit Indonesia to strengthen the cooperation through arms sales despite recent reluctance from the Indonesian side.Speaking in a virtual briefing organized by the International Institute for Strategic Studies, Esper said his department encouraged all allies and partners to purchase American equipment.“Why? Because first and foremost it brings us together, secondly it improves our interoperability in case something does happen and third we think they are a better alternative to anything else out there. So for those reasons we continue to talk about arms sales between our countries,” he said. Earlier this month, the Defense Security Cooperation Agency (DSCA), an agency under the US Department of Defense, announced the possible sale of eight V-22 Osprey aircraft and related equipment worth some US$2 billion to Indonesia. However, Indonesian officials appeared to be backtracking from the deal, with one saying the purchase was “not included in the plan for the development of the primary defense system.”The last US weapon systems Indonesia acquired was the Boeing AH-64E Apache Guardian attack helicopters with naval capabilities. The contract value was US$1.42 billion for eight helicopters and related equipment. All eight helicopters have been delivered to the Army Aviation Center in Semarang.Esper and Prabowo had a phone call discussion on bilateral defense priorities, including military readiness and defense acquisitions in late March.“My view is that we can continue to meet and have discussions. I’ve done it several times with the defense minister and I hope to visit Indonesia during my tenure as well,” Esper said. He said his country had good relations with Indonesia and he had spoken to Defense Minister Prabowo Subianto several times this year.“As we talk, he understands that we fully support Indonesia’s sovereignty, that we support as partners trying to push back against China’s malign behavior in the region particularly as they contest Indonesia’s EEZ [exclusive economic zones] there,” he said.Earlier this year, President Joko “Jokowi” Widodo had to visit Indonesia’s Natuna regency and deploy coast guard patrol boats and Navy warships to ward off Chinese fishing vessels assisted by its own coast guard operating in Indonesia’s EEZ.A country can exercise its sovereign rights within 200 nautical miles of its EEZ and full sovereignty within 12 nautical miles of its territorial seas.Indonesia has no overlapping territorial claim with China, but the Natuna Sea is located adjacent to the South China Sea, a highly disputed body of water, a majority of which is claimed by China based on historic rights that were invalidated by a 2016 international tribunal ruling.The South China Sea issue remains a thorn in China’s relations with its Southeast Asian neighbors, who are increasingly concerned over China’s apparent militarization in the disputed waters. Its aggressive claims have led to clashes with Vietnam, the Philippines and Malaysia, some of the countries located around the waters.The US has reasserted its position over the South China Sea maritime dispute in the last weeks by calling out Beijing’s activities in the disputed waters as “completely unlawful”.Speaking about the US Indo-Pacific priorities, Esper said the US military was emphasizing the three pillars of the Indo-Pacific strategy: preparedness, strengthening partnerships and promoting a more networked region.He asserted that the military played a role in the whole-of-government approach in the region. “We are not only prioritizing the development and deployment of game-changing technologies such as hypersonic weapons, 5G and artificial intelligence, but we are also investing in platforms critical to the Indo-Pacific and transforming the way we fight,” the secretary said.He also welcomed the growing trend in multilateral cooperation in the region, including talks between defense ministers under the Five Eyes, an intelligence alliance between the US, Britain, Canada, Australia and New Zealand, as well as other multilateral discussion with Japan and Australia.”We are encouraging Indo-Pacific nations to expand their own intra-regional security relationships and networks of like-minded partners,” he said. Topics :last_img read more

Suburb lands $3m-plus house sale as confidence rises in SEQ

first_img43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.auA $3MILLION sale here is so rare, it’s only happened every other year for the last 20 years – and this humble home just landed more than that amount.The six bedroom, two bathroom, double car garage home at 43 Wilson Avenue in Dicky Beach, an hour north of Brisbane, fetched a massive $3.7m at auction. 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.au 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.auJudging by how much the neighbours have been paying in the $3m-plus range since 1998, the new owners have landed a strong deal for the 658sq m block.The price was just $220,000 more than the immediate neighbours paid a decade ago, according to CoreLogic data, with other pricetags in the street coming in at $3.8m (paid in 2008), $3.5m (2014), while a block double the size of 43 Wilson Ave sold for $4m last year.The allure is that Wilson Avenue is on the beach in Caloundra’s Dicky Beach, with the sale described as a “once in a lifetime opportunity” by agent Andrew Garland of Ray White Caloundra.“Properties above $3m are very unusual in the area,” he told The Courier-Mail. 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.au“The late current owners purchased it in 1960 and the family has held it for that time, but now it had to be sold sadly.”“We had a mix of bidders, the majority were from Brisbane which is not unusual for this type of property in Caloundra. It deserved that sort of price. It’s at least in line with recent sales of similar stuff, maybe a fraction better.”He said the home had 125 inspections, with eight bidders registering for the auction before it sold under the hammer for $3.7m to a couple from Brisbane. 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.au“I believe they will use it for a future retirement home,” Mr Garland said.He said the new owners had indicated that they planned to renovate the house rather than demolish it. The house was built in 1953.The house has uninterrupted panoramic views of the ocean, beach and headland of Dicky and Moffat Beaches.The property has a four bedroom home plus a separate two bedroom flat and is a short walk along the beach to restaurants. FOLLOW Sophie Foster on Twitter @sophiefoster 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.aucenter_img 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.au 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.au 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.auMore from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago 43 Wilson Avenue Dicky Beach Qld 4551. Picture: Realestate.com.aulast_img read more

Cairns real estate: Furnished apartments empty as border closure bites

first_img A furnished apartment the Cairns Harbour Lights complex on the Marina. This two-bedroom apartment is listed for $700 per week.While there had been some reports of tenants negotiating lower rents on existing leases, Ms Johnston said dropping the price for city units wouldn’t help generate interest. “There still are long-term locals that are moving around, but they’re not even looking at furnished apartments,” she said. “We’ve tried to have that discussion with some of our owners, about moving furniture into storage and opening their properties up to weather this storm. But most of them want to keep them furnished. “Say we dropped the rent of something at Harbour Lights from $700 to $650, I don’t think the inquiries will pick up. Cairns Property Office principal Julie Johnston said a certain interstate and international demographic was required to occupy the majority of the city’s furnished apartments, like the ones at Harbour Lights.“We just don’t have the people in the city at the moment that would occupy these units.”Ms Johnston said the fallout of the saturated furnished-unit market would likely be an increase in listings for sale.More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days ago“We’ve got the hardcore investors, who know they have to wait sometimes 10 years (for a return on investment),” she said. “But there are the default investors, who perhaps had to move away and were unable to sell. Maybe they couldn’t get the right price at the time and they’ve put it up for rent. “They’re not too interested in investing, they’re not getting the returns right now and they don’t want the headaches. So I think by September, we might see some value for units.” “The No. 1 thing for applicants is to make sure they’ve filled out the entire form and filled it correctly,” Ms Johnston said. “If we have to go chasing information, that’s not a good sign on what sort of tenant they might be. They could even miss out if there’s a number of applications, and theirs is incomplete. “We see this too often, and filling it out correctly is 90 per cent of a good application. “For those who don’t have a rental history, everyone has to start somewhere. Make sure you’ve got an extra reference, or maybe your parents could be guarantors. “You could also offer some additional money upfront or instead of your first inspection at 13 weeks, offer to be inspected at four weeks. “For landlords, good communication, honesty and transparency. Once you’ve got a good tenant in, you can’t just be happy to collect rent – make sure you’re putting aside money for maintenance and be efficient when it comes to renewing – or you might lose your tenants.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:21Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:21 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to buy your first home01:21The impact of the border closure is being felt by property investors in the city’s central and fringe suburbs as rental listings from as early as March remain unoccupied. Cairns’ latest market vacancy rate was reported at 2.8 per cent at the end of April, but that number does not accurately paint the picture for investors with empty units in the CBD, Cairns North and nearby suburbs. Cairns Property Shop principal Julie Johnston said the central suburbs were hit hardest, as rental inquiries had dried up since late March. Cairns Property Shop principal Julie Johnston said investors with furnished units were among the hardest hit in the Cairns real estate landscape due to the border closure. PICTURE: JUSTIN BRIERTYShe said June was looking the “most normal” in terms of rental activity due to interest in houses in northern and southern suburbs, but she couldn’t see rental activity for central areas returning to normal until borders reopened. “A normal month for us was signing a lease per day,” Ms Johnston said. “We’re up to about 19 this month, a lot in Smithfield where we’ve had properties go in 24 hours, but April and May were about 20 leases and the gap was probably those furnished units in the city and on the fringe. “Those units are typically very appealing to interstate and international workers looking for something short-term and they don’t want to buy their own furniture.” center_img JULIE JOHNSTON’S RENTAL TIPS FOR APPLICANTS AND LANDLORDS last_img read more

Watching lots of TV ‘makes you stupid’ – Researchers

first_imgThe Independent 3 December 2015Watching TV for hours impairs your mental ability, according to study.Researchers from the Universities of California and San Francisco studied the link between watching TV and cognitive functioning.The results, published in the JAMA Psychaiatry Journal, found the more TV people watched, the worse they performed in a series of intelligence tests.Keep up with family issues in NZ. Receive our weekly emails direct to your Inbox.The study looked at 3,247 adults aged between 18 and 30, with participants categorised by how much TV they watched on average and then tested for their processing speed and verbal functioning.Overall, the results showed those who watched the most TV were twice as likely to have poor mental functioning.http://www.independent.co.uk/news/science/watching-lots-of-tv-makes-you-stupid-says-american-universities-a6759026.htmllast_img read more

David Johnson

first_imgFor some reason I started thinking about David Johnson the other day.  David was an athlete of mine when I taught at Whitewater High School in the mid 60’s.  David came to Whitewater from another school system when he was a freshman.  He didn’t know anybody so he joined the cross country team to feel that he was a part of his new school.  Before it was over, David became an excellent runner and this let him go to college on a partial athletic scholarship.  Besides the love for running, David also liked the outdoors.  His college education allowed him to be a park ranger.David moved to Alaska to pursue his love for the outdoors.  Before his untimely death of a heart attack, David started a marathon in his adopted state of Alaska.  If you have a son/daughter who moves to a new school system as David did, make sure they find some activity that allows them to become involved and make new friends.  David became one of the most popular students at Whitewater because he took a chance and came out for cross country.last_img read more

Everton boss Roberto Martinez delighted with consistency shown by Romelu Lukaku

first_img Press Association But his form picked up during the second half of last term and this campaign only Leicester’s Jamie Vardy has scored more goals. Martinez said: “We’ve seen a very consistent footballer for the last 12 months. Everything that he’s doing in the final third is as good as it gets in the league. “Only maybe Sergio Aguero had a similar impact in the last three years, and his (Lukaku’s) numbers are above big names and big performers in this league. “From our point of view, it’s been great to see that consistency. To have 27 goals in a calendar year is an impressive stat but, as he will tell you, we want him to carry on improving, carry on wanting more, and, at the tender age of 22, that should be the drive and the focus.” Everton have only lost three matches all season, with five wins and seven draws leaving them in ninth place ahead of Saturday’s trip to Carrow Road. It is Everton’s second match against Norwich in six weeks following the Toffees’ Capital One Cup victory on penalties at Goodison Park. “It was a very different game,” Martinez said. “I think when you play in the cup and you know that everything is going to be decided on the night, there are different ways of approaching the game. “What was very clear was Norwich are a very good team in possession; technically I thought they performed very well on the night. It was a very competitive game and I expect exactly the same. “Looking at the last game they had at Carrow Road against Arsenal, it was a really good performance and we know we’re going to be facing a brave team with a lot of energy that can keep the ball really well.” Midfielder James McCarthy was due to have a fitness test on Friday on the hip problem that has ruled him out of the last two games. Teenage defender Brendan Galloway signed a new long-term deal on Thursday and looks set to keep his place at left-back ahead of Leighton Baines for another week at least. Baines has made two substitute appearances after nearly seven months out following two operations on his ankle. Martinez said: “After the Middlesbrough game he took a little bit of a knock and it took him probably 24 hours to get back to normal. After the game against Crystal Palace, he had no reaction. “We need to be very much aware when a player’s out for such a long period, you cannot just expect to come back and be perfect for 90 minutes. “But I was delighted with the way he reacted after the game on Monday. He’s getting very, very close to being able to challenge for a start.” Lukaku has scored 14 goals in 19 appearances for the Toffees this season, including seven in his last six games, and will be looking to continue the run against Norwich on Saturday. The Belgium international initially struggled to hit the heights he had reached during a season on loan at Goodison Park from Chelsea when he signed permanently for a club-record fee in the summer of 2014. Only Sergio Aguero can match up to Romelu Lukaku’s exploits in the Barclays Premier League, according to Everton boss Roberto Martinez.last_img read more

Missing teen found dead inside of a chimney

first_imgAuthorities in Port Clinton, Ohio are reporting that they found the body of a missing teen trapped inside of a chimney while re-canvasing the area surrounding his home.14-year-old Harley Dilly’s body was discovered Monday inside of a neighbor’s chimney three weeks after he initially went missing while walking to school.Officials say while they did check the areas surrounding Dilly’s home when they re-canvased that area they decided to enter a neighbor’s vacant summer home which is currently undergoing renovations.When authorities entered the second floor of the house, they found Dilly’s jacket and glasses next to a brick chimney. They then looked inside the chimney and found Dilly’s body stuck inside.“The chimney is between the second and third floors and is 9 by 13 inches,” said Port Clinton Police Department Chief Robert J. Hickman.Investigators told reporters that they don’t suspect foul play in the teen’s death.During a press conference, authorities reported that they believe that the teen climbed an antenna to the roof of the house and then went down its chimney.An autopsy was scheduled for Tuesday.last_img read more

Eugene, Melius shine but Leewards snatch tense win

first_imgBASSETERRE, St Kitts (CMC) – Half-centuries from captain Johnnel Eugene and opener Kimani Melius underlined a gallant Windward Islands run chase but the knocks went in vain as Leeward Islands pulled off a narrow 15-run victory in their third round game in the Regional Under-19 Championship here yesterday.Resuming the final day on 49 for one in pursuit of 260 for victory at St Paul’s, the Windwards put up a good fight before they were bowled out for 244 in their second innings.Eugene top-scored with 70, Melius got 68 while Johann Jeremiah chimed in with 40.The Windwards appeared strong favourites for the win when they cruised to 125 for one but lost wickets steadily to watch their challenge fizzle out.Zawandi White led the Leewards with three for 32 while Jerome Thomas (2-31) and Kadeem Henry (2-46) collected two wickets apiece.Melius, starting the day on 26, controlled the earlier part of the innings in a 97-run stand with Jeremiah. He faced 147 balls in 201 minutes and counted five fours and a six while Jeremiah faced 116 deliveries without hitting a single four.Both perished within nine runs of each other but it paved the way for Eugene who then rallied the innings in a knock containing eight fours and two sixes, spanning 144 balls and just under three hours.He anchored three small partnerships – 25 for the fourth wicket with Dillon Douglas (10), 26 for the seventh with Jeremy Layne (14) and 32 for with Lee Louisy (4) which put the Windwards within sight of victory at 239 for eight.But both batsmen fell in the space of four deliveries in successive overs with no addition to the total, as the tail collapsed dramatically.last_img read more