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McDonald s Corporation (NYSE:MCD), Restaurant Brands Int l (NYSE:QSR) - Could McDonald s New Rewards Program Send Shares To New Highs?
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Here s Why Investors Should Retain Restaurant Brands (QSR) Stock
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May 13, 2021
Brands were forced to find ways to reach customers in their homes after the past year reshaped how we work and live. And fast-food restaurants, including McDonald’s and Burger King, found answers by investing in their loyalty programs.
These chains have two goals in mind with these programs to give customers a reason to come back (and boost sales) as well as to collect first-party data. Most of these loyalty programs are in mobile apps, where customers must provide email addresses and zip codes to receive their perks.
McDonald’s and Burger King, with MyMcDonald’s Rewards and Royal Perks, respectively, rolled out their loyalty programs in February. Customers earn points for every dollar they spend at the fast-food chains, which can be redeemed for qualifying menu items, or upgrades in drink sizes or sides.
Restaurant Brands International Inc (QSR) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Restaurant Brands International Inc (NYSE: QSR)
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Operator
Good morning and welcome to the Restaurant Brands International First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Stephen Lichtner, RBI s Head of Investor Relations. Please go ahead.SPONSORED:
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