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BRIEF-McDonald's CEO - all-day breakfast positions us to reclaim market share- conf call

Published 26/01/2016, 04:56 am
© Reuters.  BRIEF-McDonald's CEO - all-day breakfast positions us to reclaim market share- conf call
MCD
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Jan 25 (Reuters) - McDonald's (N:MCD) MCD.N :

* McDonald's CEO - all-day breakfast in Australia to go national later this quarter - conf call

* McDonald's MCD.N CEO-: U.S. remains fundamental to turnaround, Q4 best

qtr for U.S. in nearly 4 yrs- conf call

* McDonald's- will take at least 6 more months of positive comps and guest

count growth to progress through sustained and prolonged turnaround phases

* McDonald's CEO - all-day breakfast positions us to reclaim market share

we'd given up in recent years- conf call

* McDonald's CEO - france remains challenged as macroeconomy, november

attacks dampened restaurant sales- conf call

* McDonald's CEO - mcpick 2 appears to be resonating with customers- conf

call

* McDonald's CEO - plan to roll out table service across nearly all

converted restaurants in uk in 2016 - conf call

* McDonald's CFO- exploring sale of portion of our stake in Japan business-

conf call

* McDonald's CFO- likely to have further debt addition in 2016 to return

cash to shareholders-conf call

* McDonald's CFO- us co-operated margins for first half of 2016 will

continue to be impacted by labor pressures of a similar magnitude as q4

* McDonald's CFO- in the early stages of the process of identifying a

strategic investor who could help advance japan's turnaround efforts

* McDonald's - anticipate limited pricing power in several markets due to

relatively benign commodity outlook, low inflation

* McDonald's CEO - successful execution of key initiatives around value,

convenience, and breakfast are driving market share increases in china

* McDonald's CEO- plan to open more than 250 restaurants in china in 2016,

the highest of any of our markets

* McDonald's CEO - all-day breakfast exceeded sales contribution that we had

projected- conf call

* McDonald's CEO - in drive-thru in particular, streamlined menu boards have

made life easier for customers, made life easier for our managers and crew

* Further company coverage MCD.N

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