UBS analyst Dennis Geiger name-dropped the upcoming launch of spicy nuggets in a note earlier in August, saying the new menu item "could be a strong contributor" to sales at the chain. CNN Sans ™ & © 2016 Cable News Network.Popeyes chicken sandwich kicked off the 2019 chicken sandwich wars. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Update: This story has been updated to clarify that the new flavor is a first in the United States.ĬNN Business’s Jordan Valinsky contributed to this report. In June, they were down just 2.3%, and they “trended up” in July, according to Chief Financial Officer Kevin Ozan. But sales have been improving steadily since then. In April, sales at US locations open at least a year were down 19%. Still, McDonald’s is hopeful about a turnaround. It doesn’t help that Wendy’s, which positioned its own new breakfast offerings as superior to McDonald’s offerings, is benefiting from its breakfast menu. The meal has been impacted by changes to people’s morning routines, particularly commuting, the company explained during an analyst call discussing the company’s second-quarter results. Net income plummeted 68%.Īnd it is struggling during breakfast. McDonald’s total sales fell 30% in the second quarter compared to a year ago, the company said last month. “Our customers have been asking for Spicy McNuggets for some time now,” said Linda VanGosen, vice president of menu innovation, in a blog post announcing the new item.įast food companies use limited-time items to help build buzz around their brands. The Mighty Hot Sauce, also available for a limited time, is the company’s first new dipping sauce in three years. They come with a Mighty Hot Sauce, which includes a blend of crushed red pepper, spicy chilies and garlic. The new McNuggets have a breaded tempura coating of cayenne and chili peppers. (MCD) has plenty of chicken options on its menu, and has tested chicken sandwiches in the past. Sales at US KFC restaurants open at least a year jumped 7% in the quarter compared to the same period last year. In the United States “we recorded the highest average sales per store in the brand’s history during a week in early May,” said David Gibbs, CEO of Yum Brands, which owns KFC, during a call with analysts discussing second-quarter financial results. McDonald'sĬhick-fil-A has been growing steadily for years.Īnd customers have been flocking to KFC. Spicy Chicken McNuggets will be available for a limited time.
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