McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans
As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp, reported upbeat third-quarter results and its highest same-store sales gain this yea...
Gespeichert in:
| Veröffentlicht in: | Nation's Restaurant News 2008-11, Vol.42 (43), p.4 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | |
|---|---|
| container_issue | 43 |
| container_start_page | 4 |
| container_title | Nation's Restaurant News |
| container_volume | 42 |
| creator | Walkup, Carolyn |
| description | As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp, reported upbeat third-quarter results and its highest same-store sales gain this year. In addition, nagging concerns still surround the uncertain future profitability of McDonald's signature Dollar Menu. Net income of $1.19 billion, or $1.05 a share, compared with $1.07 billion, or 89 cents a share, for last year's third quarter, beating Wall Street's forecast of 98 cents a share. Meanwhile, McDonald's management has been meeting with franchisees to discuss options to make the Dollar Menu more profitable. Dollar Menu discussions about standardized pricing have focused on "the lead sandwich," namely, the Double Cheeseburger. |
| format | Article |
| fullrecord | <record><control><sourceid>gale_proqu</sourceid><recordid>TN_cdi_proquest_reports_229391213</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><galeid>A188942410</galeid><sourcerecordid>A188942410</sourcerecordid><originalsourceid>FETCH-LOGICAL-g643-efdd86147fbbd462100c984f1f63403223cc119b6c6792bc9656ce230c6310073</originalsourceid><addsrcrecordid>eNotjstOwzAURLMAiVL4B7NvJL_qxMuq5SW1sOk-sp3rKMjYwdcRv0-qMpvRjI5Gc1OtKOVtTbesvavuEb_oRY1YVR8ndyDoUgYk5nvsSZ9-Y5lz3BA7lyXNtiCZIOOIhRiblhJwWnBMG3JIIZhMThBnMgUT8aG69SYgPP77ujq_PJ_3b_Xx8_V9vzvWg5KiBt_3rWKy8db2UnFGqdOt9MwrIangXDjHmLbKqUZz67TaKgdcUKcEu_xeV0_X2SmnnxmwdBmmlAt2nGuhGWdiYeorM5gA3Rh9Ktm4ASJkE1IEPy71jrWtllwyKv4ATghW0Q</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>229391213</pqid></control><display><type>article</type><title>McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans</title><source>Business Source Complete</source><creator>Walkup, Carolyn</creator><creatorcontrib>Walkup, Carolyn</creatorcontrib><description>As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp, reported upbeat third-quarter results and its highest same-store sales gain this year. In addition, nagging concerns still surround the uncertain future profitability of McDonald's signature Dollar Menu. Net income of $1.19 billion, or $1.05 a share, compared with $1.07 billion, or 89 cents a share, for last year's third quarter, beating Wall Street's forecast of 98 cents a share. Meanwhile, McDonald's management has been meeting with franchisees to discuss options to make the Dollar Menu more profitable. Dollar Menu discussions about standardized pricing have focused on "the lead sandwich," namely, the Double Cheeseburger.</description><identifier>ISSN: 0028-0518</identifier><identifier>CODEN: NRNEB2</identifier><language>eng</language><publisher>New York: Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries</publisher><subject>American dollar ; Business growth ; Coffee ; Company forecasts ; Company sales and earnings ; Costs ; Fast food industry ; Financial performance ; Franchisees ; Prices ; Profitability ; Recessions ; Restaurant industry ; Restaurants</subject><ispartof>Nation's Restaurant News, 2008-11, Vol.42 (43), p.4</ispartof><rights>COPYRIGHT 2008 Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries</rights><rights>Copyright Lebhar-Friedman, Inc. Nov 3, 2008</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>312,314,780,784,791</link.rule.ids></links><search><creatorcontrib>Walkup, Carolyn</creatorcontrib><title>McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans</title><title>Nation's Restaurant News</title><description>As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp, reported upbeat third-quarter results and its highest same-store sales gain this year. In addition, nagging concerns still surround the uncertain future profitability of McDonald's signature Dollar Menu. Net income of $1.19 billion, or $1.05 a share, compared with $1.07 billion, or 89 cents a share, for last year's third quarter, beating Wall Street's forecast of 98 cents a share. Meanwhile, McDonald's management has been meeting with franchisees to discuss options to make the Dollar Menu more profitable. Dollar Menu discussions about standardized pricing have focused on "the lead sandwich," namely, the Double Cheeseburger.</description><subject>American dollar</subject><subject>Business growth</subject><subject>Coffee</subject><subject>Company forecasts</subject><subject>Company sales and earnings</subject><subject>Costs</subject><subject>Fast food industry</subject><subject>Financial performance</subject><subject>Franchisees</subject><subject>Prices</subject><subject>Profitability</subject><subject>Recessions</subject><subject>Restaurant industry</subject><subject>Restaurants</subject><issn>0028-0518</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2008</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNotjstOwzAURLMAiVL4B7NvJL_qxMuq5SW1sOk-sp3rKMjYwdcRv0-qMpvRjI5Gc1OtKOVtTbesvavuEb_oRY1YVR8ndyDoUgYk5nvsSZ9-Y5lz3BA7lyXNtiCZIOOIhRiblhJwWnBMG3JIIZhMThBnMgUT8aG69SYgPP77ujq_PJ_3b_Xx8_V9vzvWg5KiBt_3rWKy8db2UnFGqdOt9MwrIangXDjHmLbKqUZz67TaKgdcUKcEu_xeV0_X2SmnnxmwdBmmlAt2nGuhGWdiYeorM5gA3Rh9Ktm4ASJkE1IEPy71jrWtllwyKv4ATghW0Q</recordid><startdate>20081103</startdate><enddate>20081103</enddate><creator>Walkup, Carolyn</creator><general>Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries</general><general>Lebhar-Friedman, Inc</general><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>7RQ</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X2</scope><scope>7XB</scope><scope>87Z</scope><scope>883</scope><scope>8FE</scope><scope>8FG</scope><scope>8FH</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABJCF</scope><scope>ABUWG</scope><scope>AEUYN</scope><scope>AFKRA</scope><scope>ATCPS</scope><scope>AZQEC</scope><scope>BEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BGLVJ</scope><scope>BHPHI</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>HCIFZ</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>L6V</scope><scope>M0C</scope><scope>M0F</scope><scope>M0K</scope><scope>M2O</scope><scope>M7S</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PTHSS</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>20081103</creationdate><title>McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans</title><author>Walkup, Carolyn</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-g643-efdd86147fbbd462100c984f1f63403223cc119b6c6792bc9656ce230c6310073</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2008</creationdate><topic>American dollar</topic><topic>Business growth</topic><topic>Coffee</topic><topic>Company forecasts</topic><topic>Company sales and earnings</topic><topic>Costs</topic><topic>Fast food industry</topic><topic>Financial performance</topic><topic>Franchisees</topic><topic>Prices</topic><topic>Profitability</topic><topic>Recessions</topic><topic>Restaurant industry</topic><topic>Restaurants</topic><toplevel>online_resources</toplevel><creatorcontrib>Walkup, Carolyn</creatorcontrib><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>Career & Technical Education Database</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Agricultural Science Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>ABI/INFORM Trade & Industry (Alumni Edition)</collection><collection>ProQuest SciTech Collection</collection><collection>ProQuest Technology Collection</collection><collection>ProQuest Natural Science Collection</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>Materials Science & Engineering Collection</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest One Sustainability</collection><collection>ProQuest Central UK/Ireland</collection><collection>Agricultural & Environmental Science Collection</collection><collection>ProQuest Central Essentials</collection><collection>eLibrary</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>Technology Collection</collection><collection>Natural Science Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>SciTech Premium Collection</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ProQuest Engineering Collection</collection><collection>ABI/INFORM Global</collection><collection>ABI/INFORM Trade & Industry</collection><collection>Agricultural Science Database</collection><collection>Research Library</collection><collection>Engineering Database</collection><collection>Research Library (Corporate)</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>Engineering Collection</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Nation's Restaurant News</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Walkup, Carolyn</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans</atitle><jtitle>Nation's Restaurant News</jtitle><date>2008-11-03</date><risdate>2008</risdate><volume>42</volume><issue>43</issue><spage>4</spage><pages>4-</pages><issn>0028-0518</issn><coden>NRNEB2</coden><abstract>As independent and chain restaurants nationwide struggled in recent months amid dwindling traffic and waning consumer confidence, the apparent main beneficiary of a growing trading-down effect, McDonald's Corp, reported upbeat third-quarter results and its highest same-store sales gain this year. In addition, nagging concerns still surround the uncertain future profitability of McDonald's signature Dollar Menu. Net income of $1.19 billion, or $1.05 a share, compared with $1.07 billion, or 89 cents a share, for last year's third quarter, beating Wall Street's forecast of 98 cents a share. Meanwhile, McDonald's management has been meeting with franchisees to discuss options to make the Dollar Menu more profitable. Dollar Menu discussions about standardized pricing have focused on "the lead sandwich," namely, the Double Cheeseburger.</abstract><cop>New York</cop><pub>Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries</pub></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0028-0518 |
| ispartof | Nation's Restaurant News, 2008-11, Vol.42 (43), p.4 |
| issn | 0028-0518 |
| language | eng |
| recordid | cdi_proquest_reports_229391213 |
| source | Business Source Complete |
| subjects | American dollar Business growth Coffee Company forecasts Company sales and earnings Costs Fast food industry Financial performance Franchisees Prices Profitability Recessions Restaurant industry Restaurants |
| title | McD scores amid downturn, but doubts persist about espresso, Dollar Menu plans |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-10T22%3A05%3A33IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-gale_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=McD%20scores%20amid%20downturn,%20but%20doubts%20persist%20about%20espresso,%20Dollar%20Menu%20plans&rft.jtitle=Nation's%20Restaurant%20News&rft.au=Walkup,%20Carolyn&rft.date=2008-11-03&rft.volume=42&rft.issue=43&rft.spage=4&rft.pages=4-&rft.issn=0028-0518&rft.coden=NRNEB2&rft_id=info:doi/&rft_dat=%3Cgale_proqu%3EA188942410%3C/gale_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=229391213&rft_id=info:pmid/&rft_galeid=A188942410&rfr_iscdi=true |