McDonald’s CEO says low traffic and high inflation are here to stay

Investing.com -- McDonald's Corp expects flat customer traffic and higher inflation to remain a permanent feature of the restaurant industry, Chief Executive Chris Kempczinski said on Wednesday. Still guessing which names to buy? Our AI rebuilds its stock picks at the start of every month. The list is beating the market by 120%. See what's on it » "One of the things I've talked to our team about is we need to stop talking about that being a difficult environment, and just say that is the environment," Kempczinski said on CNBC's "Squawk on the Street." "Because I think, as we look out forward, we're not expecting things to change." The burger chain reported U.S. same-store sales growth of just 0.