Mcdonald's Corp at Sanford C Bernstein Strategic Decisions Conference Transcript

May 29, 2019 / 12:00PM GMT
Sara Harkavy Senatore - Sanford C. Bernstein & Co., LLC., Research Division - Senior Research Analyst

So good morning. I'm Sara Senatore, Bernstein's analyst covering restaurants. Thank you all for coming again at this early hour. And again, a special thank you to our presenters, McDonald's CEO Steve Easterbrook, and CFO, President - I'm sorry, Vice President Kevin Ozan.

Everyone should have Q&A cards in place on your seats. Please do use them. This is going to be a fireside chat format, so we hope for a very robust and inclusive discussion. I'm going to just start with a very few words and direction about McDonald's, Steve and Kevin, and then we're going to run a very brief clip to get us all up to date on the story thus far.

So McDonald's has over 37,000 restaurants, franchise and company operated in 120 countries. McDonald's mission is to be the customer's favorite place and way to eat and drink. And to achieve this, McDonald's focuses on people, products, place, price and promotion. The brand offers iconic menu items -- I'm sure we're all familiar with many of them, and a

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