TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

McDonald's aims for global growth in coffee sales

Daily Photo Galleries

By The Associated Press
Friday, Nov. 15, 2013, 12:01 a.m.
 

McDonald's wants to be a bigger player in the global coffee business.

The world's biggest hamburger chain on Thursday highlighted beverages as one of its key growth opportunities during a daylong presentation for investors.

McDonald's CEO Don Thompson noted that coffee is the fastest-growing category in its global drinks business and that the company has less than its “fair share” of the market.

“Anyone that stops off to get a cup of coffee anywhere, that's an opportunity,” Thompson said.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Investors content with pace on stocks even in face of good news
  2. Lenders could move against Anchor Hocking as extension expires
  3. Hiring in shale industry shifts to engineering, construction workers
  4. State to seek comments on drilling below Loyalsock State Forest
  5. Consol Energy posts $25 million loss despite gas gains
  6. Hotels, restaurants lead job additions in Pittsburgh region
  7. Construction of $500M power plant in South Huntingdon stalled
  8. GNC revenue, sales drop, but vitamin retailer says plan in place
  9. EPA failing to stop natural gas pipeline leaks, internal watchdog says
  10. Tech giants lead rush for profits in foreign countries
  11. U.S. Steel’s 2Q loss beats analysts’ estimates
Subscribe today! Click here for our subscription offers.