Competitive performance review of Q2 for fast food companies, noting leadership failures at McDonald's.
1 report, 1 independent
Updated Aug 7
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What happened
Competitive performance review of Q2 for fast food companies, noting leadership failures at McDonald's.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Chris Kempczinski addressed the Q2 earnings miss, comparing sales performance between chains and noting that McDonald's margin doubled CMG's margin.Sub-event
MCD CEO admits Q2 execution failure as rivals like Yum and CMG gain ground.1 source
Keep exploring
The entities involved
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McDonald's
American fast food restaurant chain
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Yum
river in Russia
Nothing else this week.
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CMG
former British consulting company