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00:02McDonald's is expected to provide more details Wednesday on its McDonald's next strategy
00:07as the company looks to revive U.S. traffic and sales, according to CNBC. The plan includes a
00:13new restaurant design, better tasting food and drinks, and consumer-led innovation. U.S. same
00:18store sales rose 0.8% in the latest quarter, while restaurant traffic declined. McDonald's
00:24is expected to emphasize value, menu upgrades, and beverages, while outlining restaurant remodel
00:29costs and spending plans. Franchisee participation remains a challenge, after only about two-thirds
00:34of U.S. operators implemented its recent under-$3 menu. Analysts also expect updates on capital
00:40expenditures, general and administrative spending, and plans to re-franchise some company-owned
00:44restaurants. For all things money, visit Benzinga.com.
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