McDonald's Corporation's (MCD) CEO Chris Kempczinski on Q2 2020 Results - Earnings Call Transcript

Jul. 28, 2020 1:21 PM ETMcDonald's Corporation (MCD)1 Comment
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McDonald's Corporation (NYSE:MCD) Q2 2020 Earnings Conference Call July 28, 2020 8:30 AM ET

Company Participants

Mike Cieplak - IR Officer

Chris Kempczinski - President & CEO

Kevin Ozan - CFO

Conference Call Participants

Andrew Charles - Cowen

David Tarantino - Baird

John Glass - Morgan Stanley

Jon Tower - Wells Fargo

David Palmer - Evercore

Sara Senatore - Bernstein

Andrew Strelzik - BMO

Chris O'Cull - Stifel

Jeff Bernstein - Barclays

John Ivankoe - JP Morgan

Chris Carril - RBC

Matt DiFrisco - Guggenheim

Peter Saleh - BTIG


Hello, and welcome to McDonald's Second Quarter 2020 Investor Conference Call.

At the request of McDonald's Corporation, this conference is being recorded. Following today's presentation, there will be a question-and-answer session for investors. [Operator Instructions].

I would now like to turn the conference over to Mr. Mike Cieplak, Investor Relations Officer for McDonald's Corporation. Mr. Cieplak, you may begin.

Mike Cieplak

Good morning, everyone and thank you for joining us. With me on the call this morning are President and Chief Executive Officer, Chris Kempczinski; and Chief Financial Officer, Kevin Ozan.

I want to remind everyone that the forward-looking statements in our earnings release and 8-K filing also apply to our comments on the call today. Both of those documents are available on our website, as are reconciliations of any non-GAAP financial measures mentioned on today's call with their corresponding GAAP measures.

Following prepared remarks this morning we will open a queue for your questions. I ask that you please limit yourself to one question, and if you have more than one, please ask your most pressing question first and then re-enter the queue.

Today's conference call is being webcast and is also being recorded for replay via our website.

And now, I'll turn it over to Chris.

Chris Kempczinski

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