Page 2 of McDonald’s

McDonald's India, franchisee, Westlife Foodworld, Q2FY24 results, profit, revenue, EBITDA, G&A costs, gross margin, high base, profitability, sales growth, restaurants, expansion

Fast food shows a divide as burger sales outdo pizzas

All-day, individual consumption scores over group consumption, say experts.

August 7, 2023 05:15 IST

McDonald’s, Westlife Foodworld, Q1FY24, quarter results, profit, revenue, digital sales, sales growth, McDonald’s Apps, outlets

McDonald’s India franchisee Westlife Foodworld Q1 profit up 22.3%, digital sales post significant growth

Westlife Foodworld posted revenue from operations at Rs 614.54 crore, up 14.2 per cent as against Rs 537.93 crore during…

July 28, 2023 11:23 IST

McDonald’s India drops tomatoes from menu due to poor quality, not on price concerns

“We reiterate that it is not due to the surge in the prices. It is only due to non-availability of…

July 7, 2023 18:39 IST

McDonald's, US office, layoffs, corporate employees, restructuring, vendors, corporate staffing, expansion

McDonald’s India franchisee Westlife misses profit view as inflation bites

The company said its consolidated profit after tax for the March quarter rose 31% to 200.9 million rupees ($2.46 million),…

May 9, 2023 18:56 IST

McDonald’s temporarily shuts US offices, prepares layoff notices

In an internal email last week to U.S. employees and some international staff, McDonald’s asked them to work from home…

April 3, 2023 09:37 IST

McDonald's, appointment, new MD, Saurabh Kalra, Westlife Foodworld, business strategy, growth opportunities, CXO role, profitability, McCafé, EOTF restaurants

McDonald’s new MD: Westlife Foodworld appoints Saurabh Kalra as new MD; Smita Jatia to continue as board member

With a 20+ years of association with Westlife, Kalra straddled roles across operations, training, real estate, strategy, and development functions,…

March 20, 2023 12:10 IST

QSR slows down as households cut eating out expenses; Pizza Hut, KFC, others lose sales but expand network

The slowdown in discretionary consumption has hit the strong demand that the industry had witnessed in the past few quarters,…

February 24, 2023 16:51 IST

McDonald’s, Westlife Foodworld, master franchisee, CFO, financial management, appointment, omnichannel, expansion, drive thru, experience store, EBITDA margin, investment, budget 2023, union budget, QSR industry

McDonald’s master franchisee Westlife Foodworld appoints Saurabh Bhudolia as new CFO

The new CFO will be responsible for overseeing all aspects of financial management and strategy at the company. Saurabh will…

January 24, 2023 17:55 IST

The company said Monday that it would leave Russia after its invasion of Ukraine.

McDonald’s to sell Russia restaurants to local operator, rebrand

Earlier in the day, a local media report said one of the largest McDonald’s franchisees in Russia, SPP, was a…

Updated: May 19, 2022 22:12 IST

Opened in 1990, the store was a symbol of flourishing American capitalism in the dying embers of the Soviet Union. More than 5,000 people had attended the opening.

McDonald’s to exit Russia after more than three decades

The company expects to record a non-cash charge of $1.2 billion to $1.4 billion following the sale. Last year it…

May 16, 2022 17:23 IST

Westlife Development operates a chain of McDonald's restaurants in Western and Southern India. (Reuters)

McDonald’s India to display allergen & nutritional info for entire menu

Products like McSpicy Fried Chicken, Chicken Nuggets, Veg Nuggets, Chicken Strips now have no added colours, flavours or preservatives.

April 7, 2022 15:25 IST

Westlife plans to add 200-plus McDonald’s outlets in 3-5 yrs in west, south zones: Amit Jatia, vice-chairman, Westlife Development

Currently, we have a total of 316 McDonald’s outlets, out of which 248 have McCafe inside them, which are like…

March 10, 2022 05:40 IST

McDonald's, inflation, price hike, McDelivery, input cost, expansion, new stores, store opening, McCafe, QSR, quarter result

200-plus new McDonald’s stores in 3-5 yrs in west and south India; Westlife to invest Rs 800 cr | INTERVIEW

Westlife Development, the master franchise for McDonald’s in west and south India, has said that it will take the total…

March 7, 2022 14:08 IST

McDonald’s enters Andhra Pradesh; first restaurant to come up in Nellore

McDonald’s India has announced its entry in Andhra Pradesh with the launch of its first restaurant in the state. Westlife…

Updated: June 14, 2016 08:33 IST

McDonald’s nears deal to shift headquarters to Chicago – report

McDonald’s Corp is nearing a deal to shift its headquarters to the former Harpo Studios campus in Chicago from Oak…

June 2, 2016 08:40 IST

Protests resume as McDonald’s shareholders meet

Protesters who camped overnight outside the McDonald’s Corp. headquarters in suburban Chicago have called for higher wages as the company’s…

May 27, 2016 10:23 IST

McDonalds, tesco, greenpeace, company news

McDonald’s in historic agreement to contain Arctic cod fishing

Food giants McDonald’s and Tesco have signed a “historic” agreement to not expand cod fishing into untouched parts of the…

May 25, 2016 22:20 IST

McDonald's, McDonald's Corp, Bain Capital, MBK Partners, TPG Capital Management, China Resources Holdings

‘McDonald’s Diet’ brand ambassador dropped from schools: Company

The former Iowa science teacher and McDonald’s Corp “brand ambassador,” who preached the virtues of walking and near-daily french fries…

May 14, 2016 14:58 IST

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Modi assured India will stop buying Russian oil: Trump

World News8 hr ago

India and the US are discussing strengthening their energy relationship, but the Ministry of External Affairs did not confirm or deny Trump’s statement about India stopping Russian oil imports. Russia is now India’s main oil supplier due to discounts after their invasion of Ukraine. India aims to double energy purchases and diversify sourcing, despite Trump’s tariffs.

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