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(Marquette University names Bill Scholl as new Athletic Director)
(McDonald's Reports Global Comparable Sales For August)
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MILWAUKEE (WITI) Bill Scholl, director of intercollegiate athletics at Ball State University, will serve as Marquette University鈥檚 next vice president and director of athletics, President Michael R. Lovell announced on Tuesday, September 9th.
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Comparable sales represent sales at all restaurants, whether operated by the Company or by franchisees, in operation at least thirteen months including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction and natural disasters. Comparable sales exclude the impact of currency translation. Comparable sales are driven by changes in guest counts and average check, which is affected by changes in pricing and product mix. Typically, pricing has a greater impact on average check than <a href=http://www.aec-ist.com/css/Cheap-Gucci-Sale-Flora-By-Mens-Eyeglasses-Hobo-Handbag.html>Cheap Gucci Sale</a>  product mix. Management reviews the increase or decrease in comparable sales compared with the same period in the prior year to assess business trends.  
Scholl has more than two decades of athletics administration experience and oversaw 19 NCAA Division I athletic programs at Ball State. He will begin at Marquette mid-October.
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The number of weekdays and weekend days can impact our reported comparable sales. In August 2014, this calendar shift/trading day adjustment consisted of one less Thursday and one more Sunday compared with August 2013. The resulting adjustment varied by area of the world, ranging from approximately -0.3% to 0.7%. In addition, the timing of holidays can impact comparable sales.  
Scholl, who will report directly to President Lovell, takes over an athletic department with new leaders directing its signature programs, men鈥檚 and women鈥檚 basketball. Steve Wojciechowski was named the head coach of the men鈥檚 <a href=http://www.aec-ist.com/css/Cheap-Gucci-Outlet-Horsebit-Speedy-Mens-Boots.html>Gucci Speedy</a>  basketball program on April 1, and Carolyn Kieger was named the head women鈥檚 basketball coach a month later. 鈥淏ill鈥檚 experience is the perfect complement to our young and energetic head coaches,鈥?President Lovell said.
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Information in constant currency is calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation and bases incentive compensation plans on these results because they believe this better represents the Company's underlying business trends.  
Past successes and service
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Systemwide sales include sales at all restaurants, whether operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the <a href=http://www.aec-ist.com/css/Gucci-Belts-Online-Sun-Glasses-Snow-Boots-Sukey-Bag.html>Gucci Sukey Bag</a>  Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base.
Scholl has led the Ball State Cardinals since 2012, during which eight programs have reached the postseason and 13 teams placed either first or second in the Mid-American Conference. Ball State has boasted four All-Americans in each of his two years and the Cardinals placed 54 student-athletes on all-conference teams in 2013-14, a 14.9-percent increase over Scholl鈥檚 first year and a 54.3-percent increase over the year before his arrival.
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Upcoming Communications
In his time at Ball State, he also served as chairperson of the Mid-American Conference鈥檚 basketball issues working group and was a member of the conference鈥檚 finance committee. He oversaw a number of on-campus facility upgrades including the renovation of baseball and softball stadiums and the groundbreaking for a new football facility for team meetings and office space.
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McDonald's tentatively plans to release third quarter results before the market opens on October 21, 2014 and will host an investor webcast. This webcast will be broadcast live and available for replay for a limited time thereafter at .  
Under Scholl鈥檚 leadership at Ball State, student-athletes also saw success in <a href=http://www.aec-ist.com/css/Cheap-Gucci-Sale-Products-Cheap-Handbags-Dog-Tags.html>Gucci Dog Tags</a>  the classroom, with 14 teams scoring better than the national Division I average in the NCAA鈥檚 Academic Progress Report baseline. The men鈥檚 basketball team climbed in its academic standing steadily, posting a 2013 score that is 20 points higher than the national average.
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About McDonald's
Prior to his term at Ball State, Scholl served 23 years at Notre Dame, where he finished as deputy athletics director. He was responsible for administration of men鈥檚 basketball, football, baseball and men鈥檚 soccer, as well as fundraising and donor relations, budgeting and growing external revenue. Scholl collaborated with the university鈥檚 advancement office to lead the athletics department in an $84 million athletics fundraising initiative for the Spirit of Notre Dame campaign.
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McDonald's is the world's leading global foodservice retailer with over 35,000 locations serving approximately 70 million customers in over 100 countries each day. More than 80% of McDonald's restaurants worldwide are owned and operated by independent <a href=http://www.aec-ist.com/css/Cheap-Gucci-Sale-Real-Bags-For-Cheap-Apparel.html>Gucci Apparel</a>  local business men and women.
Early in his career, Scholl held leadership positions in service-driven organizations. He was the former director of financial <a href=http://www.aec-ist.com/css/Gucci-Belts-Sale-Cosmetic-Bag-Boston-Handbag-Leather-Handbags.html>Gucci Belts Sale</a>  development for the 1987 International Summer Special Olympic Games. He served in the same position for one year at South Bend鈥檚 Logan Center, which offers services to persons with developmental disabilities. While working for Special Olympics, he raised in excess of $8 million for the 1987 games.
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Forward-Looking Statements
Scholl earned a bachelor鈥檚 degree in American studies in 1979 from Notre Dame. He and his wife, Julie, have three children: Michael (a 2009 Notre Dame graduate), Stefanie (a 2012 Ball State graduate) and Kelly (a 2014 Notre Dame graduate).
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This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in the Company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K.
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Revision as of 06:51, 1 October 2014

@@@ Comparable sales represent sales at all restaurants, whether operated by the Company or by franchisees, in operation at least thirteen months including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction and natural disasters. Comparable sales exclude the impact of currency translation. Comparable sales are driven by changes in guest counts and average check, which is affected by changes in pricing and product mix. Typically, pricing has a greater impact on average check than <a href=http://www.aec-ist.com/css/Cheap-Gucci-Sale-Flora-By-Mens-Eyeglasses-Hobo-Handbag.html>Cheap Gucci Sale</a> product mix. Management reviews the increase or decrease in comparable sales compared with the same period in the prior year to assess business trends. The number of weekdays and weekend days can impact our reported comparable sales. In August 2014, this calendar shift/trading day adjustment consisted of one less Thursday and one more Sunday compared with August 2013. The resulting adjustment varied by area of the world, ranging from approximately -0.3% to 0.7%. In addition, the timing of holidays can impact comparable sales. Information in constant currency is calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation and bases incentive compensation plans on these results because they believe this better represents the Company's underlying business trends. Systemwide sales include sales at all restaurants, whether operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the <a href=http://www.aec-ist.com/css/Gucci-Belts-Online-Sun-Glasses-Snow-Boots-Sukey-Bag.html>Gucci Sukey Bag</a> Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base.

Upcoming Communications
McDonald's tentatively plans to release third quarter results before the market opens on October 21, 2014 and will host an investor webcast. This webcast will be broadcast live and available for replay for a limited time thereafter at . 
About McDonald's
McDonald's is the world's leading global foodservice retailer with over 35,000 locations serving approximately 70 million customers in over 100 countries each day. More than 80% of McDonald's restaurants worldwide are owned and operated by independent <a href=http://www.aec-ist.com/css/Cheap-Gucci-Sale-Real-Bags-For-Cheap-Apparel.html>Gucci Apparel</a>  local business men and women.
Forward-Looking Statements
This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in the Company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K.
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