Based on McDonald's business performance, shareholders have demonstrated continued confidence in McDonald's management and strategic direction.

267

We have nothing more to add. As we have said all along, we remain focused on our plan to win, which is delivering solid results by improving our restaurant experience for customers, ensuring alignment with our franchisees and suppliers and adding value to shareholders.

190

Our reduction is taking longer than anticipated. We continue to make progress in our testing because we want to make sure we get it right for our customers.

159

Beyond that, we have no specific information on the extent or form of Pershing Square Capital's position in McDonald's.

129

It is inappropriate to discuss rumors and speculation about our business. As it relates to the Partner Brands, we have confidence in them and are always looking for ways to maximize their potential.

113

We have nothing more to add. But as we have said all along we remain focused on executing our 'Plan to Win,' which is delivering solid results by improving our restaurant experience for our customers and insuring alignment with our franchisees and suppliers and adding value to shareholders.

74