please welcome travis scott. hello, travis! how are you doin'?y: things are going great for you, aren't they? >> things are going great, i'm not going to lie, this is weird talking to you through the screen, i miss the studio, i miss smelling the desk. >> jimmy: you can stop by and smell the desk after the virus has passed. travis, a lot of people, a lot of celebrities will have sandwiches named after them. arnold palmer has iced tea. rarely does someone have their own meal named after them like at mcdonald's, how did that happen? how did it come to pass? >> part of it might be a secret, and some of it is they hit he up to do something, and i was like, yo, i really love, it's one of the things that kept me going when i was a kid, whatever i was doing, the quarter pounder is like my favorite thing to grab late at night, especially. >> jimmy: what is in the travis scott meal? what is, what is special, what is different about it? >> yeah, so i was on the phone with them, and bacon is like my favorite thing in my diet. i think the first thing my dad

we know promotions like the travis scott meal and spicy nuggets helped to bring in new consumers. how sticky are those new customers and do you think they'll stick with the company once these promotions run out? >> thanks for the question i know everyone wants to focus on the travis scott deal and spicy chicken mcnuggets which definitely contributed to the fantastic september we had, but the setup for this great quarter actually started much earlier in the year i think as you know, our drive-throughs have been getting faster at mcdonald's we made a lot of investments in digital and drive-through and delivery as well really we made a lot of changes to our business model as the pandemic set upon us over 50 changes in operations. we limited our menu. we made our restaurants easier to run and i think all of that also at the same time, we conserved some markets funds. when we began to unleash those markets funds in the third quarter and that set up this great result, 4.6% double digit comps in september >> also breakfast, as we all know, has been a challenge not just for mcdonald's but

are up thanks to travis scott tell me about this. >>2 years gano travis scott was purple and quickly learned he was dating the kardashian and it's all about instagram he's got millions of them. so his favorite meal is some sort of big mac double cheese 04:00pm fries and sprite mcdonald's highlighted that for a whole month and actually had hamburger shortages. cows in america we're getting slaughtered because people wanted to have the travis scott meal mcdonald's. which is kind of they had a good quarter they had a better quarter this quarter than they did this time last year. so they've come out of covid they've got drive-thrus nursing sales increased amount of you can't yeah but in the united states didn't quite well the drivers of the secret sauce speak wondering, and now this month highlight in a meal from chain lavin or believe in who of raking i'm not sure to reggaeton is i hope he sings race, i want you to look at it. when i punched his name an ad for the travis scott all working together level upon level. >>awesome. rob thank you so much for enlightening us today again, happy

roped in travis scott to promote the brand with the tremendously successful travis scott meal, which is really just a combination of other meals how about this, spicy mcnuggets. do you know it's the first time since 1983 they've changed this? this is a very, very popular item i keep waiting for mcdonald's to embrace beyond meat. i got to tell you, that thing is going to keep going higher you know what's really driving it walmart sells beyond meat. i see those stocks moving higher i think young brands will ultimately benefit from the last man standing effect because the food is just not that great. we have dominos pizza. people seemed bum about rising costs. i say why not reserve judgement until we hear from the horse's mouth. the ever-present chipotle grill, i think it has more room to run. starbucks still way off its highs and represents a great bargain. the next quiet bull market, well, this is an odd one no one's talking about. parts of apparel now everyone knows that lululemon's doing well, right? nike you don't need me for that maybe for others levis. had them on the other night

kylie's ex-boyfriend, rapper travis scott's mega-successful collab with mcdonald's helped boost sales at the fast food chain. the travis scott meal was so popular that some mcdonald's are suffering shortages of the custom-made quarter pounder. mcdonald's trading lower by .33%. don't know why. we had u.s. same store sales turning positive in the third quarter. the company also boosted its dividend by four cents to $1.29 a share. nice payoff while you wait. >>> we've got the closing bell ringing in 50 minutes. the dow up 82 points. hey, take a look at roku's stock. it's moving higher after needham boosted the streaming device maker's price target to a street high of $255. it's up 4.25% to $221 and change. this as one of roku's offerings diving into the public markets today. up next, live sports streaming platform fubo tv plans to get sports fans to finally cut the cord entirely. we are going to take you live to the new york stock exchange on their ipo day to hear from the ceo right here. - as the original host of "wheel of fortune," i was blessed to be part of building one of the greate

tonight, travis scott and lauren cohan. and now, jimmy kimmel! >> jimmy: hello. i'm jimmy. i'm the host of the show. thank you for watching. thank you for joining us for -- boy, i woke up this morning and got one heck of a surprise. did you know that today is october? >> it's october, can you believe it? >> october the 1st already. >> can you believe it? >> no. >> october 1st, can you believe it? >> october 1st. >> can you believe it? >> october 1st, can you believe it? >> october 1st, can you believe it?

travis scott will chat with us and rap for us too.and two-time emmy-winner who reunites with adam sandler 24 years after "happy gilmore" in the new movie "hubie halloween." it premieres october 7th on netflix. please welcome julie bowen. hi, julie. >> hi! >> jimmy: how are you? >> i'm good. i'm really glad you covered some of the debate. i've got some thoughts. >> jimmy: oh, good, go ahead. >> well, just what do you think of this, for the moderator, maybe a little dj khaled. you can air horn every time there's a problem. >> jimmy: it's not a terrible idea. and by the way, is that dr. fauci on your pillow? >> right here? that guy? that's fauci on the couch. >> jimmy: that a product you're marketing? fauch on the couch is great. >> no, someone else is marketing it. i bought several and the socks. big fan. >> jimmy: when you bought several, you bought several for your home or gave some out as gets? >> my son stole one and put a mask on it, because he thought that was hilarious, and i gave one to a friend as a gift, and i'm saving one, ma

this is where they are and they're actually finding cool there whether it's an oreo mcflurry or travis scottt his milk shake was but the bottom line here is through covid-19, obviously, the drive in, the takeout, the themes that mcdonald's have been a beneficial trend continue. but also the valuation that comes for diblgital and online d the loyalty programs is exactly why i think the stock moves higher >> hip or not, the drive through, the digital, karen, that is perfect for a pandemic >> it is the i mean, mcdonald's, there are a couple of them that were already heading that way of being more diblgital being more important. if you look at a starbucks, mcdonald's and then they accelerate into the pandemic i think obviously the stocks are doing okay i think the businesses will all be better for it on the way out. >> quick grasso favorite restaurant trade >> yeah. you know where i'm going i'm going to shake shack with their shack tracks the i think they're trying to follow in tpath of mcdonald's o lower scale. they were spout to be sur vuf in city areas now they're branching out to suburban ar

you look at the travis scott concert and marshmello and deadmau5 that took place on fortnite. .something else that is big related to the big tech platform. all of them are trying to fill out their space in the gaming tech sector. he one that hast the most is microsoft. emily: microsoft has xbox. always glad to hear your predictions, michael. we will see what happens in 2021. michael wolf, thank you so much for stopping by. coming up, a blow to the gig economy in california. we will look at why hundreds of millions of dollars are at stake for companies like lift and uber, next. this is bloomberg. ♪ 22, a ballotition measure in california that would save the gig economy hundreds of millions of dollars is up for a vote. it is even more important as an appeals court ruled today that companies like uber and lyft must-read their drivers as employees instead of independent contractors. for more is lizette chapman who covers uber for us. this is another blow. but does not look good for the ride-hailing companies. what does this latest ruling actually mean for prop 22 and a.b. 5? lizette

the travis scott meal they have done has been a huge success they are going to be doing more now.tock was at an all-time high today, but with it an all-time high, do you still think there's room to run? >> you know, we are neutral there. i would say the top pick, no surprise to your viewers from our side followed by chipotle, followed by chipotle followed by chipotle in fact, i would make mention that we upgraded dunkin' just last week and looking at the ticket and the frequency and the operating models and geography, you know, it a lot of that alise across all of our coverage, but in terms of chipotle specifically, these concepts are able to grab more mind share and we see the bigger brands slipping, the legacy brands as the next generation brands become global brands, so when we think about chipotle specifically beating out taco bill, it's important that on a cuisine level, and that's just on a cuisine level, that that's where you first attract the masses and once you have done that successfully, then you can become the winner in terms of the overall top ten and be a global bran

dinner hour a bright spot for mcdonald's, helped by strong sales of the new travis scott meal and spicy mcnuggets then there's dollar general, launching a new store. this one will try to hook wealthier customers to the burbs. they're calling it pop shelf it will feature products for home and beauty, cleaning supplies and party goods a dollar is still a dollar at the dollar general store but the company reports at the new one, pop shelf, most items will run five bucks or less. >>> and not your father's ibm. the century-old tech firm announcing it will be splitting up, spitting out its traditional technology business so it can focus on cloud computing >>> then there's amazon. it's unveiling a new electric delivery van they released photos of the thing, inside and out. so, how many is amazon buying? how many of these electric delivery vehicles? only 100,000 and that's what's "on the money. >>> on wall street, the dow up 122 on the session s&p about 1% nasdaq about half a percent. i'm shephard smith on cnbc it's the bottom of the hour. time for the top of the news >>> domestic terrorism tha

fox gets it it's just like mcdonald's partnering with travis scott to solve a evers hammered are great. but the partnership is great so i'm i'm rewarding companies in the pandemic this figured out. you're working at home, you want to go a little more casual look be celebrity partnerships at instagram and twitter where they're fueling retail at this point time that is insane rob. thank you as always with. >>interesting stories we'll talk to next time don't forget you can connect with rob a question reach out to him on facebook twitter e-mail him >>9.26 right now and market street downtown san francisco is going to be a little different because of covid they're having to cut back on the budget for improvements and now there are safety concerns about the project because the pandemic they have less money to make it safer for pedestrians and bicyclists and that has supervisor matt haney concern. >>now just in the last couple weeks they've presented a redesign which changes the entire thing and change the way that the transit lanes or design it taken away the protected bike lane and they've

maybe double digits in september, it seems like every other headline in twitter involves this travis scott menu. >> oh, my. all these stocks are down now. i want people to step back for a second and say, oh, none of these should be bought actually all of them should be bought i have domino's on tonight, amazing quarter. the cost being higher. that's someone trying to find out some nitpicking. the company is doing incredibly well spent a lot of money on contactless, easy. mcdonald's, the new meals, i tried to get them to send us some this morning, i've been on the phone with mcdonald's, the new desserts are incredible. and costco, will you give me a break. that stock should be up ten. up ten it is food, outdoor, it is amazing. david, it is amazing you don't know costco. it is called a big box >> yeah. that's what i understand i have been in one, carl, with seneca when i visited. >> you probably don't have a cart. >> i don't i don't. it is un-american, right, not to have a costco card yeah sorry. carl >> guys, watching the markets here pretty steady, dow up 73. s&p back to 3428 interesting i

double digit comp sales in the u.s., including positive comps, thanks to recent promotions like the travis scottarter down 2.2% overall, a 4.4% decrease in international operated par operated markets and international developmental licenses we're looking for global comps to decline by 5.4% overall the company touting its strong financial position and increased its quarterly dividend by 3% to $1.29 a share. the unique strengths including our unrivalled drive through presence around the world advance delivery and digital capabilities and marketing scale have become even more important during the pandemic. mcdonald's usa today president will join us for an interview on "the exchange" today at 1:15 tune in more for all of this. >>> we're hearing that president trump says changing the debate style to virtual is not acceptable to us and i'm not going to waste my time doing a virtual debate eamon, is tweeting that out. that's the latest. meanwhile, we want to get to lloyd, investors and corporate leaders are closely following the stimulus talks in washington joining us now, a very special guest this ho

susan: drive-thrus, you know who travis scott is?ho he partnered with? kiley. sales turn around at golden arches up 4 1/2% from july through sent. coming up from 8 1/2% drop during the spring quarter. people staying at home because of covid. mcdonald's offering simpler method which made drive-thrus much faster. offering the first celeb meal in 38 years. 38 years since michael jordan's last meal in 1992. that led to a 20% jump in app downloads in september. thanks to the celeb success. they're partnering up with a reggae star, joe belvin. must have fins, cinnamon rolls will join the all-day menu. first kang of the standard menu at mcdonald's in eight years. people raising price targets from 225. stuart: you went to a fast-food operation, they want fast-food. i like that. susan: fast. stuart: ripper, killer mike, son of a atlanta police officer, what will he say about defunding the police. he is on the next. ♪ >> i'm the son of an atlanta city police officer. my cousin is an atlanta city police officer. and my other cousin east point p