McDonald’s (NYSE: MCD) business is slowly getting back to normal. The fast-food chain’s fourth-quarter earnings report, while marking another period of global sales declines, showed improving operating trends despite the ongoing pressure from COVID-19. The company even extended its annual growth streak in key markets like the U.S. and Australia.
In a conference call with Wall Street analysts, CEO Chris Kempczinski and his team talked about the competitive assets that allowed Mickey D’s to grow in 2020 even as peers like Starbucks posted declines. Let’s look at some highlights from that chat.