McDonald’s reported second-quarter earnings and revenue that topped analysts’ estimates amid strong global sales and a themed birthday meal combo that helped drive U.S. traffic.
During its earnings call, the fast-food giant revealed that it plans to test a spinoff restaurant concept, called CosMc’s, in a small number of locations next year.
“CosMc’s is a small format concept with all the DNA of McDonald’s, but with its own unique personality,” McDonald’s CEO Chris Kempczinski said on the call, reported CNBC.
Source: Chain Store Age
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