May 25 (Xinhuanet) — McDonald’s Corp. executives said Thursday they are spending more money on product development to ensure new food products for their 31,000 stores worldwide and will introduce a new trans-fat-free oil in the United States within the next year. McDonald’s already is using its trans-fat-free oil in about 3,500 U.S. restaurants, and suggested the fast-food chain will add more fruits and vegetables to future menus.
“We have some very strong products you won’t see in the next six months, you’ll see 18 to 24 months out,” President and Chief Operating Officer Ralph Alvarez told a shareholders meeting at McDonald’s suburban Chicago headquarters.
McDonald’s officials said they were studying a dollar breakfast menu in certain markets while continuing to test premium Angus burgers, iced coffees and sweet tea at other sites around the U.S.
“We’re working hard on menu choice,” CEO Jim Skinner said.
McDonald’s gave few other details about healthier options on its menu, but said fruit and vegetable dishes likely won’t come in the form of entrees. Instead, they may include smoothies and side dishes.
McDonald’s shares have climbed more than 50 percent in the past year on strong financial results. Skinner said he expects more of the same in the future.
“People’s lives are only going to get busier and McDonald’s will only get more important as a destination for a quick, fun meal,” he said.