III quarter ended badly for Coca Cola’s and MsDo

III quarter ended badly for Coca-Cola and MsDonald&# 39; s

Coca-Cola
It reported on its quarterly
arrived. It fell by 14%: sales volumes
in North America decreased, so
Company initiates reduction program
costs.

greatest
beverage producer in the world, said,
that his net income for the third quarter
on September 26 was $ 2.1 billion.
A year earlier, in the same period, revenue was
at $ 2.4 billion. Shares
We have already lost about 4%
premarket trading.

Yet
worse things have McDonald’s: income
It fell as much as 30% in the third quarter,
while competition for the patriarch
fast food is growing in the US and other
markets.

“Results
third quarter reflect the significant
fall and in kind, and
Compared to the last year in the same period.
Our business performance and financial
indicators have a lot of pressure
factors – the higher effective
tax rate to freelance events
in foreign markets (the riots in Hong Kong,
geopolitical issues in Europe). All
this quarter was against us, and our
expectations have been deceived, “- he said
CEO and President
McDonald’s Don Thompson.

Really,
Company McDonald’s faces
serious problems: in Russia
began a series of inspections, there were problems
the supply of meat from China in August
there was a record decline in sales
within a decade. to improve
situation, the network has developed a number of changes
in concept and menu. It begins smooth
shift from teenagers and students
(Which were the primary target
Network audience since 1930)
on other key groups: managers
junior level. In the expanded menu
selection of coffee, offer improved
breakfast. How this will affect the improvement of
Network market position – is not clear,
but today premarket McDonald’s
It lost 2.16%.

Related posts

Next posts

  • Screencast Maks Kayzer Corporate power Yeti and
  • As Apple stole from banks dream
  • Oh Avtralii

Leave a Reply

Your email address will not be published. Required fields are marked *