McDonald's CEO , Talks Affordability , After Stock Prices Drop.
ABC reports that McDonald's has come under
fire by customers angry over recent increased
menu prices, which has prompted the CEO
to address the issue of affordability.
In the company's latest earnings call,
McDonald's CEO Chris Kempczinski discussed
the fast food chain's Q4 results, which were mixed.
In the company's latest earnings call,
McDonald's CEO Chris Kempczinski discussed
the fast food chain's Q4 results, which were mixed.
Global same-store sales were up 3.4%,
short of Wall Street expectations, while
domestic same-store sales were up 4.3%,
more closely aligned with "normalized growth.".
Shares in McDonald's dropped nearly
4% on the New York Stock Exchange after
the company's Q4 earnings were posted.
Shares in McDonald's dropped nearly
4% on the New York Stock Exchange after
the company's Q4 earnings were posted.
Kempczinski reportedly admitted that
the company's sales had dipped in
the wake of increased menu prices.
The fast-food chain noted reduced transactions
among lower-income customers making under
$45K a year, one of the company's core consumers.
Eating at home has
become more affordable.
The battleground is certainly
with that low-income consumer, Chris Kempczinski, McDonald's CEO, via ABC.
According to Kempczinski, customers may
have been forced to dine out less as prices
and inflation remain high for eating out. .
According to Kempczinski, customers may
have been forced to dine out less as prices
and inflation remain high for eating out. .
The CEO stressed that the company
remains in a good position with its
value menu offerings, while promising , "some activity at the local level to
make sure we continue to provide
value for the lower-income consumer.".
What you're going to see is
more attention to affordability.
Think about that as an absolute
price point, which is more
important for that consumer to
get them into the restaurants
than maybe value messaging.
We are set up well to go after that, Chris Kempczinski, McDonald's CEO, via ABC.
What you're going to see is
more attention to affordability.
Think about that as an absolute
price point, which is more
important for that consumer to
get them into the restaurants
than maybe value messaging.
We are set up well to go after that, Chris Kempczinski, McDonald's CEO, via ABC
Credit: Wibbitz Top Stories Duration: 01:31Published
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US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
Study Investigates Link Between, COVID, Mental Health and Insomnia.
PsyPost reports that a new study by Phenikaa University
in Vietnam has highlighted one of the more common and
lingering symptoms of COVID-19: insomnia.
PsyPost reports that a new study by Phenikaa University
in Vietnam has highlighted one of the more common and
lingering symptoms of COVID-19: insomnia.
As a sleep researcher, I received
many questions and complaints
from relatives, friends, and colleagues
about their sleep disturbances
after recovering from Covid-19, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
I found that the majority of papers
focused on hospitalized patients.
The environment of their treatment
and quarantine would differ greatly
from those with milder symptoms, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
Patients were asked to compare the quality and length
of their sleep, as well as how easy it was for them to
fall asleep, before and after they contracted COVID.
Patients were asked to compare the quality and length
of their sleep, as well as how easy it was for them to
fall asleep, before and after they contracted COVID.
Of the 1,056 people surveyed, over 76.1% of
participants said they experienced insomnia.
22.8% of those surveyed reported
experiencing severe insomnia.
The study found that two groups experienced
a statistically significant increased rate of insomnia,
including those with depressive or anxious symptoms.
The authors of the study note that further
investigation of the connection between COVID,
mental health problems and insomnia is needed.
Since this is a cross-sectional
study, the relationship of anxiety
and depression with insomnia
cannot be fully investigated, Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost.
In addition, collecting data
online and a convenience
sampling method can cause
recall bias and selection bias. , Dr Huong T. X. Hoang, Lead author of the article
published in 'Frontiers in Public Health,' via PsyPost
Credit: Wibbitz Top Stories Duration: 01:30Published
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