CLAIM #38890 · McDonald’s Corporation (MCD) · 2021Q3 earnings call · Oct 27, 2021 · due Jun 30, 2022
“But certainly, I think what you're seeing right now and what we're expecting is that some of the benefits that we're seeing around larger check and the mix -- the channel mix that goes with that, we're expecting that to continue.”
Chris Kempczinski · CEO
In context
“this point. Chris Kempczinski : Maybe just to fill in here a few things and I'll go back and quote my CFO from something that he said several quarters ago, which is we are still selling more stuff. We're still selling more sandwiches; we're selling more fries. And so, from a unit standpoint, while we certainly are looking at traffic, the absolute volume of what we're selling is continuing to grow. And for me, that's a really good barometer about the health of this business. I think as to whether that sustained whether these larger order sizes sustained, we're going to follow the customer to whichever way they want to go. If the customers start to come back and split the ticket and we have smaller check, I think so long as we continue to focus on the execution, we'll be just fine on that. But certainly, I think what you're seeing right now and what we're expecting is that some of the benefits that we're seeing around larger check and the mix -- the channel mix that goes with that, we're expecting that to continue. Operator: Next question is from Lauren Silberman with Credit Suisse. Lauren Silberman : Thank you. I wanted to ask about the McPlant test in the U.S. Can you talk about what you've heard from consumers with respect to demand for a plant-based option. And then, from a franchisee perspective, what's the demand to offer plant-based option on the menu or deliveries given the current operating backdrop? And it looks like the test is being conducted in diverse cities. So, anything you can share on differences in demand across the markets from the perspective of both consumers and franchisees? Chris Kempczinski : Yeah. I think in the U.S. it's really early to be making any kind of readout on what we're learning. I would point out it's in less than 10 restaurants in the U.S. It's largely an opera”
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SEC filings for MCD ↗ · Claim quote is verbatim from the 2021Q3 earnings call.