McDonald's Corp, one of the largest burger chain has announced to stop reporting monthly same-store sales after June, reported Bloomberg.
The world's biggest restaurant chain will stop providing the closely-watched metric for each month after reporting second-quarter results, Bloomberg said.
The company is implementing a turnaround plan, which includes reorganizing business units, selling restaurants to franchisees and cutting costs in a bid to turn the chain into a "modern, progressive burger company.
Speaking at an investor conference in New York, Steve Easterbrook and Chief Administrative Officer Pete Bensen said McDonald’s is toasting its buns longer and changing the way it sears its beef so that its burger patties are juicier, mentioned a report on WSJ.
Restaurant operators also will build more side-by-side drive-through lanes to speed up service, and they will train employees to increase the accuracy of orders. They offered few other fresh details of the turnaround plan, report added.
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