CLAIM #38893 · McDonald’s Corporation (MCD) · 2021Q3 earnings call · Oct 27, 2021 · due Dec 31, 2022
“Right now, we're at the lower end of that, more than 1.5% and likely not a lot above that for '22 because it really relates to "21 openings. But as we go on, I would expect that to get closer to that 2% contribution.”
Chris Kempczinski · CEO
In context
“hat it isn't disruptive to the rest of the market. So, we do have a lot of tools that we use to determine what the appropriate opening level is for the markets. I think we do have opportunity to open quicker in many of those markets than we have been, and I think our expectation is that we will continue to grow in many of those international operative markets where we still believe there's a lot of opportunity. We're just in the midst of going through our plans right now for 2022, So I don't have specifics yet for 2022, but I think it is fair to say that we would expect our openings next year to be higher than they are in 2021 and continue to kind of increase that level for a little while where we will -- we've talked about unit growth being about 1.5% to 2% contribution to sales growth. Right now, we're at the lower end of that, more than 1.5% and likely not a lot above that for '22 because it really relates to "21 openings. But as we go on, I would expect that to get closer to that 2% contribution. Operator: The next question is from John Ivankoe with JP Morgan. John Ivankoe : A lot about drive-thru, digital and delivery. The question really is on dine-in, and as you've seen, various consumers in various markets respond in a post COVID environment in terms of their behavior. What are you thinking about using dine-in longer-term and do you have an opportunity to pivot that asset even further to focus more on the off-premise up, off-premise consumer as we think about leveraging all of the asset, not just part of it. Chris Kempczinski : That's a great question, and it is one that we're thinking about. It's something that is now on the plate for Manu Steijaert. Manu is, as we announced, I think last quarter, it was -- that he's the Chief Customer Officer. And one of the things that fits”
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SEC filings for MCD ↗ · Claim quote is verbatim from the 2021Q3 earnings call.