Updated Oct. 30, 2023 12:23 pm ET
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1206 ET – McDonald’s reports that digital sales of nearly $9B made up more than 40% of systemwide sales in the burger chain’s top six markets during 3Q. CFO Ian Borden says on a call with analysts that McDonald’s now has more than 57M customers that actively use its digital channel at least every 90 days in those top markets. “We’re learning when they visit, how they visit and what they buy, with more and more of our sales coming through identified channels than ever before,” Borden says. Digital channels include the company’s mobile app, delivery and digital kiosks at its stores. (dean.seal@wsj.com)
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