165 Followers USX:MCD - McDonald's Corp McDonald’s Corporation
Sector: Consumer Discretionary, Industry: Restaurants
Next Earnings: 22 May 2024
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USD 272.38    -1.13 (-0.41%)

17 May 2024


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General

CEO: Mr. Christopher J. Kempczinski

IPO: 1965-04-21

Headquarters: US

Employees: 100,000

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Description

McDonald’s is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald’s pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.

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