Higher prices, fewer Covid-19 closures lift McDonald's profits

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McDonald's reported higher profits Thursday on price increases and fewer impacts from Covid-19 restrictions despite higher operating costs.

In the United States, the fast-food giant cited"strategic menu price increases,"as well as marketing pushes around the McRib and Crispy Chicken Sandwiches as drivers of higher sales.

But ongoing Covid-19 restrictions in Australia resulted in"relatively flat" comparable sales, while China's results were dented by a resurgence in the virus. "The company has applied appropriate precautionary measures, including following the guidance of expert health authorities, and will continue to adapt and enhance its approach in order to protect the safety and well-being of its customers and people."

 

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My children have been going to school on an empty stomach and coming back with no food in the house. I've been struggling to find a piece job and in my struggle my family is suffering. Please assist us with any food nearing their expiry date. For my children🙏🏻💔

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