... Innovation is an integral part of our vision for McDonald's in the 21 st century |
As part of this plan, we expect to invest $300 million to $400 million in existing U.S. franchised restaurants in 2003, |
As part of this plan, we expect to invest $300 million to $400 million in existing U.S. franchised restaurants in 2003, ... To fund the additional capital expenditures related to U.S. initiatives, we expect to moderate share repurchases to approximately $500 million in 2003 as well as reduce global new restaurant openings. |
I ought to point out that the Dinosaur movie really is by coincidence being released this week, ... People give us too much credit. We weren't smart enough to coordinate all this. |
I remain very optimistic about our long-term opportunities to grow profitably in the domestic marketplace. |
In Europe, we are optimistic that lingering concerns about beef will continue to lessen as the year progresses, ... We continue to educate our European customers about McDonald's high food safety and quality standards. |
In every company's history, there is a time when it is appropriate to pass the baton and give a new management team the opportunity to lead, and that time has come at McDonald's, |
line led, staff supported. |
McDonald's is proud of the tangible difference we have made for the environment in just 10 years. As we head into the new century, McDonald's will continue to set new, ambitious targets for environmental progress. |
She was indomitable, ... She would take on a project like opening up the University of Mississippi and just keep coming back again and again and again. She was like Grant at Vicksburg. She just dug in there and stayed there until they rolled over. |
She was indomitable. She would take on a project like opening up the University of Mississippi and just keep coming back again and again and again. She was like Grant at Vicksburg. She just dug in there and stayed there until they rolled over. |
The effect of consumer concerns regarding the European beef supply has persisted longer than we expected. |
The European currencies have been weak against the dollar for three or four years now, and we've had two or three years of really extraordinary results worldwide, ... So, we're managing through this difficult period quite well, probably better than almost any other global branded company I can think of. |
The U.S. delivered an extremely strong performance, |
This has been a challenging year for many global companies, including McDonald's, ... While I am not pleased with our overall results, I am proud of how our system has responded to the many difficult conditions we've faced. |