Chris Kempczinski

McDonald's Quarterly Results Fall Back As Higher Fast Food Prices Hurt Demand

McDonald's reported a surprise drop in sales and missed Wall Street estimates for quarterly profit on Monday, as the burger giant struggled to draw in cash...

McDonald's Considering $5 Meal Deal Launch To Draw Diners, Source Says

McDonald's US franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday, as the fast-food chain looks to draw m...

Global Fast-Food Chains Face Challenges As More People Eat At Home

Global fast food giants may have to dole out steeper promotions to lure inflation-hit customers who are increasingly opting to eat at home, following weak...

Fast-Food Companies Seeing Low-Income Diners Cutting Back

Runaway prices at US fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and We...

McDonald's CEO Kempczinski To Assume Role Of Board Chairman

McDonald's CEO Chris Kempczinski will take on the additional role as chairman of the board, after the retirement of Enrique Hernandez, the fast-food chain...

McDonald's Overseas Business Affected by Middle East Conflict

McDonald's reported its first quarterly sales miss in nearly four years on Monday on weak sales growth at its international business division, partly due t...

McDonald's CEO Says Several Markets In Middle East Impacted By Conflict

McDonald's CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region were experiencing a "meaningful busin...

McDonald's Gets Boost From Cheaper Menu And New Launches

McDonald's beat Wall Street estimates for quarterly results on Monday, powered by new launches, promotions and demand for its more affordable burgers and f...

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McDonald's Expands Fresh Beef Push As Burger Chains Seek Edge

McDonald’s Sets Out To Become A ‘Credible Chicken Player’

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