McDonald’s scores on drive-through outlets
US customers go for burgers and chips to avoid eating out during Covid-19 pandemic
09 November 2020 - 17:10
Bengaluru — McDonald’s beat third-quarter revenue and profit estimates on Monday, as customers in the US ordered more hamburgers and fries in drive-through outlets and on delivery apps to avoid dining out during the Covid-19 pandemic.
The company’s limited-time promotional deal with rapper Travis Scott, which caused shortages of some ingredients, and other marketing investments also helped sales bounce back from pandemic lows, sending its shares more than 6% higher amid broader market gains...
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