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McDonald’s Company (MCD) Q3 2024 Earnings Name Transcript

by Index Investing News
October 29, 2024
in Stocks
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McDonald’s Company (NYSE:MCD) Q3 2024 Earnings Convention Name October 29, 2024 8:30 AM ET

Firm Members

Scott Meader – Interim Treasurer
Chris Kempczinski – Chairman & Chief Govt Officer
Ian Borden – Chief Monetary Officer

Convention Name Members

David Palmer – Evercore
John Ivankoe – JPMorgan
Dennis Geiger – UBS
David Tarantino – Baird
Brian Harbour – Morgan Stanley
Sara Senatore – Financial institution of America
Eric Gonzalez – KeyBanc
Lauren Silberman – Deutsche Financial institution
Jeff Bernstein – Barclays
Jon Tower – Citi

Operator

Howdy, and welcome to McDonald’s Third Quarter 2024 Investor Convention Name. On the request of McDonald’s Company, this convention is being recorded. Following at present’s presentation, there shall be a question-and-answer session for traders. [Operator Instructions]

I’d now like to show the convention over to Mr. Scott Meader, Interim Treasurer for McDonald’s Company. Mr. Meader, you could start.

Scott Meader

Good morning, everybody, and thanks for becoming a member of us. With me on the decision at present are Chairman and Chief Govt Officer, Chris Kempczinski; and Chief Monetary Officer, Ian Borden.

As a reminder, the forward-looking statements in our earnings launch and 8-Ok submitting additionally apply to our feedback on the decision at present. Each of these paperwork can be found on our web site, as are reconciliations of any non-GAAP monetary measures talked about on at present’s name, together with their corresponding GAAP measures.

Following ready remarks this morning, we are going to take your questions. Please restrict your self to at least one query after which re-enter the queue for any further questions. At the moment’s convention name is being webcast and can also be being recorded for replay by way of our web site.

And now, I will flip it over to Chris.

Chris Kempczinski

Thanks, Scott, and good morning, everybody.

I sit up for sharing our third quarter efficiency and the progress we’ve got made on key initiatives towards a difficult backdrop



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