– 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. 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 –
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Wednesday the Democrats will debate again this time on NBC. The debate comes about one month before Florida’s Presidential Primary on March 17.Voters across the state need to make sure they’re registered to vote ahead of time.The deadline to register to vote or change your party affiliation is Tuesday, Feb 18.In Palm Beach County, 20 municipal elections will be held in conjunction with the Presidential Primary.To register click here.Democratic presidential candidate Joe Biden continues to attack his fellow rivals like Bernie Sanders as his campaign spirals downward.Biden says that Sanders has been talking about universal healthcare for 35 years and has done nothing about i.Biden also criticized former New York City Mayor Michael Bloomberg, saying the amount of money he has spent on advertising can’t erase his record. Bloomberg hasn’t yet qualified for Wednesday’s NBC News and MSNBC debate in Las Vegas, but he has through Tuesday to meet the party’s criteria.With that potential clash looming, both Biden and and Sen. Amy Klobuchar criticized Bloomberg in interviews on “Meet the Press” at a time when the former mayor faces increased scrutiny over past comments about race, policing and women at his eponymous company.
Facebook0Tweet0Pin0Submitted by Saint Martin’s UniversityStudents and job-seekers will have an opportunity to connect with a wide range of employers Tuesday, April 8 at the 2014 Career and Internship Fair. The fair, co-sponsored by Saint Martin’s University and The Evergreen State College, will take place from 11 a.m. to 3 p.m. at Marcus Pavilion on the Saint Martin’s University campus, 5300 Pacific Ave. SE. The fair welcomes students, alumni and the public. Admission is free.This year’s Career and Internship Fair will feature about 100 employers from private industry, government agencies and non-profit organizations. Some will be conducting on-site interviews for full-time, part-time and summer positions. Several colleges and universities will represent their graduate programs at the event.“This is a very valuable event for our surrounding and student communities because it provides a one-stop way to learn about a great variety of exciting career opportunities,” says Ann Adams, associate dean of students and director of career development at Saint Martin’s.Adams recommends that job-seekers come prepared by wearing appropriate business attire, bringing multiple copies of resumes and brushing up on interview skills in advance. A list of employers planning to attend can be found here.Even for those who are not seeking immediate employment, the fair provides a valuable opportunity to gather information, polish their professional image and learn to market themselves more effectively, Adams says.This year’s fair sponsors are the Associated Students of Saint Martin’s University, Saint Martin’s Alumni Association, Bon Appétit and CampusPoint and ResCare Homecare.