- ‘I just don’t go anymore’: Customer shows $3.19 for one hash brown and $4.99 for a Filet-O-Fish at McDonald’s The Daily Dot
- ‘How is it more expensive than Starbucks’: Customer says McDonald’s worker tried charging her almost $18 for two iced coffees The Daily Dot
- ‘All this prob cost less than any drink from Starbucks with cold foam’: McDonald’s customer buys 12 sugar-free vanilla iced coffees for her mom as meal-prep The Daily Dot
- ‘I think they gave us $1 drinks just to get us thru Covid. And now they are making up for lost revenue.’: McDonald’s Diet Coke prices up to $1.79 The Daily Dot
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Tag Archives: McDonalds
Jurors find McDonald’s, franchisee liable for Broward girl’s Chicken McNugget burn – WPLG Local 10
- Jurors find McDonald’s, franchisee liable for Broward girl’s Chicken McNugget burn WPLG Local 10
- McDonald’s, franchise owner liable for girl’s burns from hot Chicken McNugget, jury says WPTV News Channel 5 West Palm
- Parents say daughter is disfigured from hot chicken nugget WJW FOX 8 News Cleveland
- Broward jury sides with customer in lawsuit over hot McDonald’s nuggets South Florida Sun Sentinel
- Florida jury finds McDonald’s not negligent, but liable for girl’s burns in hot chicken nugget trial: report WFLA
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Bronny James shows shooting touch in McDonald’s All-American Game, Kentucky signee DJ Wagner earns co-MVP – CBS Sports
- Bronny James shows shooting touch in McDonald’s All-American Game, Kentucky signee DJ Wagner earns co-MVP CBS Sports
- Bronny James highlights from 2023 McDonald’s All-American Game ESPN
- How to watch future Cyclones in Tuesday’s McDonald’s all-American games – CycloneFanatic.com Cyclone Fanatic
- 2023 McDonald’s All-American Boys Game | Full Game Highlights SportsCenter NEXT
- High school basketball: D.J. Wagner scores 19 second-half points to lead East in 109-106 comeback victory at McDonald’s All-American Game CBS Sports
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Ariana Madix feasts on McDonald’s, flips the bird after Tom Sandoval split – Page Six
- Ariana Madix feasts on McDonald’s, flips the bird after Tom Sandoval split Page Six
- Tom Sandoval says he’s ‘sorry for everything’ amid rumors of a Raquel Leviss affair Fox News
- ‘Vanderpump Rules’ Cast Net Worth: Every Star’s Earnings Ranked From Lowest to Highest (& the Wealthiest is Worth $90 Million!) Just Jared
- Tom Sandoval, Raquel Leviss secretly wore matching necklaces during affair Page Six
- Vanderpump Rules’ Stars Ariana Madix Avoids Awkward Run-In With Tom Sandoval After Their Split, Raquel Leviss Affair: Details Us Weekly
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Woman waves loaded handgun at McDonald’s drive-thru after free cookie incident: affidavit – Fox News
- Woman waves loaded handgun at McDonald’s drive-thru after free cookie incident: affidavit Fox News
- Florida Woman Pulls Gun On McDonald’s Drive-Thru Employees Over A Free Cookie OutKick
- Florida woman pulls gun in McDonald’s drive-thru during argument over free cookie: police WFLA
- Altamonte Springs woman accused of pulling gun in McDonald’s drive-thru over free cookie WKMG News 6 & ClickOrlando
- Police: Florida woman pulled gun in McDonald’s drive-thru during argument over free cookie Boston News, Weather, Sports | WHDH 7News
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Stocks making the biggest moves premarket: McDonald’s, UPS and more
Nathan Stirk | Getty Images News | Getty Images
Check out the companies making headlines before the bell.
McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying customers are increasingly visiting its restaurants. Still, McDonald’s CEO Chris Kempczinski said he expects “short-term inflationary pressures to continue in 2023.”
General Motors — Shares of the automaker rose more than 5% in premarket trading after GM beat estimates on the top and bottom lines for its fourth quarter, even as its profit margin narrowed. The company reported an adjusted $2.12 per share on $43.11 billion in revenue. Analysts surveyed by Refinitiv were looking for $1.69 in earnings per share on $40.65 billion in revenue. GM said it expected earnings to fall in 2023, but guidance was still above analyst estimates.
Ford — Shares of Ford rose 2% after the company announced Monday it would lower the price of the Mach-E, its electric pickup truck. The company reports earnings later in the week.
United Parcel Service – Shares of UPS rose 1.9% after the company reported earnings that beat analyst expectations. The company posted adjusted earnings per share of $3.62 on $27.08 billion in revenue. Analysts had forecast earnings of $3.59 per share and $28.09 billion in revenue, per Refinitiv.
Exxon Mobil — The oil giant was under pressure despite reporting upbeat financial results for the latest quarter. The company, whose stock price rallied more than 80% last year, saw a tightening in supplies as economies began recovering, CEO Darren Woods said in a statement. Shares fell more than 1%.
Caterpillar — Caterpillar shares fell more than 2% after the industrial giant posted a disappointing quarterly profit. The company reported earnings of $3.86 per share, well below a Refinitiv consensus estimate of $4.06 per share. Caterpillar said its bottom line was impacted by an “unfavorable ME&T foreign currency impact in other income (expense) of $0.41 per share.”
Pfizer – Shares of the vaccine maker fell more than 2% after the company reported mixed quarterly results and issued earnings and revenue guidance for the full year that came in below analysts’ expectations, according to StreetAccount. Pfizer said it expects revenues from its Comirnaty and Paxlovid drugs to fall 64% and 58%, respectively, from actual 2022 results.
International Paper – The packaging and paper products company reported fourth-quarter adjusted operating earnings of 87 cents per diluted share, exceeding StreetAccount’s estimate of 69 cents per diluted share. However, the company reported a net earnings loss of $318 million for the quarter. International Paper nearly 6% in the premarket.
Lucid – Shares of Lucid slipped 4.4%, further cooling off after a monster options fueled rally on Friday.
PulteGroup – Shares of the homebuilder rose more than 1% in premarket trading after PulteGroup reported a better-than-expected fourth quarter. The company reported $3.63 in adjusted earnings per share on $5.17 billion of revenue. Wall Street analysts were expected $2.93 in earnings per share on $4.58 billion of revenue, according to StreetAccount. PulteGroup’s homebuilding gross margin rose year over year.
— CNBC’s Fred Imbert, Jesse Pound, Tanaya Macheel, Sarah Min, Carmen Reinicke and Michelle Fox contributed reporting
Apparent McDonald’s delivery interrupts college basketball game
Remarkably, the delivery person made at least two forays onto the floor as play was underway. Following the second intrusion, the referees called for a timeout. A game official was moved to pronounce it a personally unprecedented situation (per the Pittsburgh Post-Gazette).
“Well … we deserved a break today,” tweeted Duquesne play-by-play announcer Tim Benz, referencing a longtime McDonald’s slogan.
Per reports, the delivery man was eventually shown to the concourse level. His initial inability to locate his intended recipient could have provided a major opportunity for a would-be Hamburglar, but accounts from the game indicated the delivery was completed. The concluded transaction was eventually shown on the arena’s video monitor to cheers from the crowd.
Calling it afterward the “craziest thing I’ve ever seen in my life,” Duquesne Coach Keith Dambrot said (via the Post-Gazette): “Our guys were dying laughing in [the locker room]. Guy had a job to do. He did his job well.”
Once the game resumed, Dambrot’s inspired Dukes rallied for a 72-58 win over the somewhat aptly named — given the evening’s adventures — Ramblers of Loyola Chicago.
The Pittsburgh Tribune-Review reported that a Duquesne official suggested the whole episode might have been staged, possibly as a college prank. According to a report by Pittsburgh Sports Now, the supposed delivery person was merely someone pretending to be from Uber Eats and was ejected after having a cohort film him from the stands.
If that turns out to be the case, it could be reason to Grimace at the whole thing, but at least the initial clips of the incident made a lot of folks happier than a certain meal (that may or may not have been in the bag).
McDonald’s, In-N-Out, and Chipotle are spending millions to block raises for their workers
New York
CNN
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California voters will decide next year on a referendum that could overturn a landmark new state law setting worker conditions and minimum wages up to $22 an hour for fast-food employees in the nation’s largest state.
Chipotle, Starbucks, Chick-fil-A, McDonald’s, In-N-Out Burger and KFC-owner Yum! Brands each donated $1 million to Save Local Restaurants, a coalition opposing the law. Other top fast-food companies, business groups, franchise owners, and many small restaurants also have criticized the legislation and spent millions of dollars opposing it.
The measure, known as the FAST Act, was signed last year by California Gov. Gavin Newsom and was set to go into effect on January 1. On Tuesday, California’s secretary of state announced that a petition to stop the law’s implementation had gathered enough signatures to quality for a vote on the state’s 2024 general election ballot.
The closely-watched initiative could transform the fast-food industry in California and serve as a bellwether for similar policies in other parts of the country, proponents and critics of the measure argued.
The law is the first of its kind in the United States, and authorized the formation of a 10-member Fast Food Council comprised of labor, employer and government representatives to oversee standards for workers in the state’s fast-food industry.
The council had the authority to set sector-wide minimum standards for wages, health and safety protections, time-off policies, and worker retaliation remedies at fast-food restaurants with more than 100 locations nationally.
The council could raise the fast-food industry minimum wage as high as $22 an hour, versus a $15.50 minimum for the rest of the state. From there, that minimum would rise annually based on inflation.
California’s fast-food industry has more than 550,000 workers. Nearly 80% are people of color and around 65% are women, according to the Service Employees International Union, which has backed the law and the Fight for $15 movement.
Advocates of the law, including unions and labor groups, see this as a breakthrough model to improve pay and conditions for fast-food workers and overcome obstacles unionizing workers in the industry. They argue that success in California may lead other labor-friendly cities and states to adopt similar councils regulating fast-food and other service industries. Less than 4% of restaurant workers nationwide are unionized.
Labor law in the United States is structured around unions that organize and bargain at an individual store or plant. This makes it nearly impossible to organize workers at fast-food and retail chains with thousands of stores.
California’s law would bring the state closer to sectoral bargaining, a form of collective bargaining where labor and employers negotiate wages and standards across an entire industry.
Opponents of the law say it’s a radical measure that would have damaging effects. They argue it unfairly targets the fast-food industry and will increase prices and force businesses to lay off workers, citing an analysis by economists at UC Riverside which found that if restaurant worker compensation increases by 20%, restaurant prices would increase by approximately 7%. If restaurant worker compensation increased by 60%, limited-service restaurant prices would jump by up to 22%, the study also found.
“This law creates a food tax on consumers, kills jobs, and pushes restaurants out of local communities,” said the Save Local Restaurants coalition.
On Wednesday, McDonald’s US President Joe Erlinger blasted the law as one driven by struggling unions that would lead to “an unelected council of political insiders, not local business owners and their teams,” making key business decisions.
Opponents have turned to a similar strategy used by Uber, Lyft and gig companies that sought to overturn a 2020 California law that would have required them to reclassify drivers as employees, and not “independent contractors,” which would provide them with benefits such as a minimum wage, overtime, and paid sick leave.
In 2020, Uber, Lyft, DoorDash, Instacart and others spent more than $200 million to successfully persuade California voters to pass Proposition 22, a ballot measure that exempted the companies from reclassifying their workers as employees.
McDonald’s hopes discounts, contests boost mobile sales
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Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to their mobile app.
This year, the Chicago-based restaurant giant is going further, giving customers the chance to win free McDonald’s for life for themselves and three of their friends with every mobile order. The chain is also offering exclusive access to branded merch releases and deals on food, like a 50-cent double cheeseburger.
The three-week-long promotion, which began Monday, is part of the company’s broader digital strategy to drive traffic to its mobile app through seasonal promotions and create recurring revenue without sacrificing profitability.
In recent years, restaurant companies have turned to loyalty programs to drive downloads of their mobile app and convince customers to keep coming back. McDonald’s CEO Chris Kempczinski said in late October that roughly two-thirds of U.S. customers who used the app in the last year had been active on it in the previous 90 days.
Tariq Hassan, chief marketing and customer experience officer for McDonald’s U.S. division, told CNBC that app users are “more meaningful and more profitable” than other customers.
A little more than a year after its U.S. launch, McDonald’s loyalty program has 25 million members who had been active on the company’s mobile app over the prior 90 days, as of Sept. 30.
For comparison, Starbucks, which has had a loyalty program for more than a decade, reported 28.7 million active U.S. members during its latest quarter. Chipotle Mexican Grill’s three-year-old rewards program has 30 million members, although the chain doesn’t disclose how many have been active over the last three months.
‘Boring’ creativity
Hassan, who joined McDonald’s more than a year ago after a stint at Petco, said that roughly 40% of digital customers start using its app thanks to marketing and paid media. The fast-food giant has been getting creative, pushing beyond advertising and discounts to attract new app users, particularly through promotions pegged to the time of year.
For example, the company held “Camp McDonald’s” for four weeks this summer. The program included discounts on its menu items, virtual concerts and limited-edition merch collaborations for mobile app users.
Hassan said the company had a goal of adding 2 million app users during the virtual camp but didn’t share how many members it actually added. (The promotion also angered some customers when issues with the third-party site resulted in hours-long virtual queues to buy a Grimace-themed pool float that sold out.)
Still, McDonald’s digital strategy isn’t mean to be flashy. Hassan said he’s told his team to be comfortable being “boring.”
“You don’t change your strategy just to change it, to do the new and exciting thing,” he said.
One way that McDonald’s has gotten comfortable being boring is through its menu. In the early days of the pandemic, like so many other restaurant chains, McDonald’s scaled back its offerings, eliminating items like parfaits and salads, to focus on classic items like the Big Mac and McNuggets. The move away from limited-time menu items proved successful, fueling U.S. sales growth even as lockdowns lifted and consumers resumed their old routines.
McDonald’s digital promotions have also leaned on core menu items. Celebrity meals in 2020 and 2021 put a spotlight on the favorite orders of musicians such as rapper Saweetie, featuring classic menu items like French fries and cheeseburgers.
“When you have that kind of strategic consistency, it gives you more time to wrap those windows with really interesting, exciting and unexpected experiences,” Hassan said.
McDonald’s franchisee accused of overworking more than 100 youths
The McDonald’s locations, Labor investigators said, broke the law by permitting 14- and 15-year-olds to work more than three hours a day, and after 7 p.m. on school days, as well as later than 9 p.m. during the summer. The agency also accused the company of illegally employing youths for more than eight hours a day on weekends and more than 18 hours a week during school weeks.
“Permitting young workers to work excessive hours can jeopardize their safety, well-being and education,” Labor Department official John DuMont said. “Employers who hire young workers must understand and comply with federal child labor laws or face costly consequences.”
Santonastasso was fined $57,000 for the child labor violations, according to the Labor Department.
In a Facebook video posted in 2021, franchisee owners John and Kathleen Santonastasso said they ran a “people first” company that offered a “fun” environment, flexibility and the opportunity to earn money for college. On Friday they said the company now has new procedures to prevent problems with schedules.
“We take our role as a local employer very seriously and we regret any scheduling issues that may have occurred at our restaurants,” John and Kathleen Santonastasso said in a statement.
The McDonald’s corporation did not respond to a request for comment.
The investigation follows a series of reports of the illegal use of child workers this year in other industries, including meatpacking and auto-parts manufacturing, amid a nationwide labor shortage. Across the country, employers across the country have been increasingly hiring younger workers. The trend has been particularly noticeable in sectors that lost many workers during the pandemic, such as restaurants.
Earlier this year, the Labor Department accused Alabama plants that manufacture auto parts for Hyundai and Kia of illegally using child labor after Reuters reported that a Hyundai subsidiary near Montgomery employed migrant youths as young as 12.
Another federal investigation found in November that one of the country’s largest providers of food safety sanitation illegally employed dozens of youths at several JBS-owned meatpacking plants in the Midwest. Investigators found that 13- and 14-year-olds suffered severe chemical burns while working with cleaning products on graveyard shifts.
The Fair Labor Standards Act includes a series of child labor laws enacted to protect minors’ well-being and educational opportunities, and to prevent them from working under dangerous conditions.
Between 2017 and 2021, investigators found child labor law violations in more than 4,000 cases, involving more than 13,000 minors, the Labor Department said Friday.