Saturday, 28 May 2016

PotatoEurope 2016: Numerous Dynamic Demonstrations Over 23 Hectares

PotatoEurope 2016: Numerous Dynamic Demonstrations...

 PotatoEurope is the largest open-field event devoted to the potato in Europe, which will cover an...

Europatat’s Main Theme for 2016: “Adapting Business to Change and Uncertainty”

Europatat’s Main Theme for 2016: “Adapting Busines...

  This year’s Europatat congress takes place in Brussels, on June 1-2 and is organized in conjunc...

Global Cold Chain Expo: 25,000 Square Feet for Products, Services and Technologies

Global Cold Chain Expo: 25,000 Square Feet for Pro...

  The Global Cold Chain Expo, created in partnership with the Global Cold Chain Alliance and the ...

Ammeraal Beltech Acquires Australian Partener Rydell

Ammeraal Beltech Acquires Australian Partener Rydell

Ammeraal Beltech, the developer and manufacturer of process and conveyor belting, headquartered in Alkm...

Givaudan to Acquire Spicetec Flavors & Seasonings from ConAgra Foods

Givaudan to Acquire Spicetec Flavors Seasonings from ...

  Givaudan, one of the global leaders in the creation of fragrances and flavors, strengthens capabilit...

FDA modernizes Nutrition Facts label for packaged foods

FDA modernizes Nutrition Facts label for packaged foods

  The US Food and Drug Administration took a major step in making sure consumers have updated nutritio...

Case Study: The Experience of Potato Producer Nedato with a Sorting Solution from TOMRA

Case Study: The Experience of Potato Producer Nedato wi...

 The Nedato is a cooperative of 500 farmers, which has been producing quality potatoes to customers acr...

Tong Engineering Introduces New Cleaner Loader Crop Transfer Machine

Tong Engineering Introduces New Cleaner Loader Crop Tra...

   Tong Engineering is set to introduce a new Cleaner Loader crop transfer machine to its latest range...

Kiremko Builds a New French Fries Line in Belgium

Kiremko Builds a New French Fries Line in Belgium

  Kiremko announced they had started to build a new French fries line in Belgium, with a capacity of 1...

Aviko Introduces a Guide for Gluten-free Catering

Aviko Introduces a G...

 The potato processor Aviko is supporting caterers during ...

Americans Were Asked which Lay's Flavors Stay and which Go

Americans Were Asked...

   For the first time in brand history, the Lay's brand a...

TOMRA Sorting Food: steam peeling can reduce the waste within the potato industry

TOMRA Sorting Food: ...

 The manufacturer of sensor-based food sorting systems, TO...

Australian Company Makes Potatoes Melt When Exposed to High Temperatures

Australian Company M...

  The Australian Research and Development company Potato ...

Heat and Control Releases Unitized Vacuum Fryer

Heat and Control Rel...

  Heat and Control, a global manufacturer and supplier of...

Researchers Develop Nutrient-rich Purple Potato

Researchers Develop ...

  A group of researchers from CSU have recently developed...

Search Begins for Scottish Strategic Potato Farm

Search Begins for Sc...

  AHDB has announced the quest for the first farmer host ...

£150K potato storage fellowship cultivates cutting edge research

£150K potato storage...

  Capitalizing on work from the horticulture sector, Dr R...

Company launches new formulation of biofungicide

Company launches new...

  Marrone Bio Innovations, a U.S. provider of bio-based p...

Welsh potato growers get latest know-how on Potato Day

Welsh potato growers...

  Over 50 potato growers gathered at the County Showground ...

With the "Plan to Win" in full swing, it's rarely news when McDonald's reports strong quarterly earnings. But amidst an economic crisis, it is surprising to see a company post a 7.1 per cent increase in global same-store sales which McDonald's reported in its third-quarter statement released today.

"Our dedication to building our business by being better, not just bigger, continues to strengthen our global performance," says the company's chief executive officer Jim Skinner in a statement. "For the quarter, we delivered strong comparable sales, higher margin dollars, and a double-digit operating income increase."

McDonald's U.S. delivered its highest sales increase of 2008, with third quarter comparable sales up 4.7 percent and an operating income growth of 9 percent. In fact, the company's quarterly success even out performed Wall Street expectations, with profits reaching $1.19 billion, about 16 cents higher per share than expected.

The numbers make it difficult to dispute Skinner's claim that the quick-serve juggernaut is "recession resistant."

Thanks to the domestic success of core menu classics including the Big Mac, Southern-style chicken products, and value-based beverages, the company has been able to take advantage of customers who are trading down from full-service and casual-dining restaurants.

"Our unwavering commitment to providing an outstanding restaurant experience to every customer, every time," Skinner says, "is driving comparable sales momentum and profitability growth in each area of the world."

Internationally, Europe generated strong top-line sales in virtually every market, posting a comparable sales increase of 8.2 percent along with an operating income growth of 23 percent while the Asian/Pacific, Middle Eastern, and African markets' third quarter performances were led by Australia and China. In the Asian/Pacific market, the brand points to its breakfast offerings and core menu items as keys to its success in the region.

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Jun 1st 2016 - Jun 2nd 2016
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Sep 14th 2016 - Sep 15th 2016
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