Kempczinski also commented on the current economic climate, reiterating his expectation for a mild recession in the US this year. Despite the challenges posed by a more challenging macro environment, Kempczinski expressed optimism about the company’s ability to perform well in good times and in bad.
As the stock continues to trade near a record high after a series of solid quarters, investors will be monitoring how much customers are buying per visit. With the resistance to pricing increasing, it will be important for McDonald’s to strike a balance between keeping prices competitive and maintaining profitability.
