September 19, 2021

McDonald’s has decided not to reduce its advertising spending, in the wake of the financial crisis, to offset the impact of rising food prices, according to a new internal memo obtained by Business Insider.

In a memo sent to management on February 10, McDonald’s senior vice president of marketing and advertising Craig Schoeller wrote that “there is no real appetite” for advertising reductions, but “we may consider some other revenue streams” if food prices continue to rise.

The decision comes as McDonald’s faces increased competition from other fast food chains, which are increasingly relying on advertising for growth.

McDonald’s shares closed at $62.49 on Monday, up about 2.5% on the year.

The company said its revenue from advertising last year grew 9% to $10.1 billion.

The memo came after McDonald’s reported weak revenue growth and lower-than-expected earnings for the quarter, as the company struggled to keep its restaurants open amid the global economic recession.

McDonald’s had to close over 1,500 stores, with only 1,821 open as of February, compared to 1,721 closed in 2015.

It said it expects its overall restaurant revenue to fall 8% to 10% in fiscal 2018.

Shares in the company were down nearly 4% in late-afternoon trading on Monday.

The timing of McDonald’s decision to cut advertising, which is normally the company’s first priority, comes after the U.S. economy has been hit hard by the financial crash.

The slowdown in the economy has hurt McDonald’s margins and also forced the chain to cut wages and service prices.


우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.【우리카지노】바카라사이트 100% 검증 카지노사이트 - 승리카지노.【우리카지노】카지노사이트 추천 순위 사이트만 야심차게 모아 놓았습니다. 2021년 가장 인기있는 카지노사이트, 바카라 사이트, 룰렛, 슬롯, 블랙잭 등을 세심하게 검토하여 100% 검증된 안전한 온라인 카지노 사이트를 추천 해드리고 있습니다.카지노사이트 추천 | 바카라사이트 순위 【우리카지노】 - 보너스룸 카지노.년국내 최고 카지노사이트,공식인증업체,먹튀검증,우리카지노,카지노사이트,바카라사이트,메리트카지노,더킹카지노,샌즈카지노,코인카지노,퍼스트카지노 등 007카지노 - 보너스룸 카지노.한국 NO.1 온라인카지노 사이트 추천 - 최고카지노.바카라사이트,카지노사이트,우리카지노,메리트카지노,샌즈카지노,솔레어카지노,파라오카지노,예스카지노,코인카지노,007카지노,퍼스트카지노,더나인카지노,바마카지노,포유카지노 및 에비앙카지노은 최고카지노 에서 권장합니다.우리카지노 | 카지노사이트 | 더킹카지노 - 【신규가입쿠폰】.우리카지노는 국내 카지노 사이트 브랜드이다. 우리 카지노는 15년의 전통을 가지고 있으며, 메리트 카지노, 더킹카지노, 샌즈 카지노, 코인 카지노, 파라오카지노, 007 카지노, 퍼스트 카지노, 코인카지노가 온라인 카지노로 운영되고 있습니다.