During the restaurant company’s Q2 earnings call, CEO Chris Kempczinski said demographic shifts to the south and southwest isn’t reflected in its current footprint.
McDonald’s U.S. same-store sales increased by 10.3% in the second quarter, driven in part by the Grimace Shake campaign and gained market share in chicken.
After a $15 minimum wage initiative failed in 2021, Democrats are trying again with the Raise the Wage Act but the restaurant industry does not approve the tip credit elimination