Quotations

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Jack Greenberg Quotes

«The effect of consumer concerns regarding the European beef supply has persisted longer than we expected.»
«In Europe, we are optimistic that lingering concerns about beef will continue to lessen as the year progresses, ... We continue to educate our European customers about McDonald's high food safety and quality standards.»
«While this has been a tough six months, we are intent upon improving the business by building comparable sales around the world through improved operations, effective marketing and menu development,»
«This has been a challenging year for many global companies, including McDonald's, ... While I am not pleased with our overall results, I am proud of how our system has responded to the many difficult conditions we've faced.»
«This year has been challenging for McDonald's, ... But I am confident that our strategies are right and we will see significant improvement in 2002, setting the stage for stronger growth in 2003 and beyond.»
«In every company's history, there is a time when it is appropriate to pass the baton and give a new management team the opportunity to lead, and that time has come at McDonald's,»
«She was indomitable, ... She would take on a project like opening up the University of Mississippi and just keep coming back again and again and again. She was like Grant at Vicksburg. She just dug in there and stayed there until they rolled over.»
«As part of this plan, we expect to invest $300 million to $400 million in existing U.S. franchised restaurants in 2003,»
«To fund the additional capital expenditures related to U.S. initiatives, we expect to moderate share repurchases to approximately $500 million in 2003 as well as reduce global new restaurant openings.»
«We want the line -- which for McDonald's includes our divisional and regional staffs, owner/operators and restaurant personnel -- to make decisions on behalf of customers based on field operating needs. The line ultimately has responsibility and accountability for our business success,»

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