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McDonald's

Financing

McDonald’s Russia closure is a rare international setback

 By Jonathan Maze on May 17, 2022

The Bottom Line: The burger giant has flourished in international markets even as its U.S. growth slowed. But its $1.4 billion decision to pull out of the market demonstrates the risk of global expansion.

Financing

McDonald’s scores a big victory in its pig proxy against Carl Icahn

 By Jonathan Maze on May 16, 2022

A major proxy advisory firm endorsed the company’s directors in its upcoming board election, saying the investor is “economically divorced from the potential impacts of its proposals.”

Financing

A lot of McDonald’s franchisees left the system last year

By Jonathan Maze on May 16, 2022

A record 1,700 restaurants changed hands last year and more than a quarter of franchisee units have either closed or been sold since 2019.

Financing

McDonald's says it is selling its Russia business

By Jonathan Maze on May 16, 2022

The burger giant is exiting the market after 32 years, saying ownership of restaurants there is "no longer tenable." It is the company's first exit of a major market in its history.

Financing

'Mass exodus': McDonald's franchisees are leaving the system

By Jonathan Maze on May 13, 2022

A record 1,700 stores changed hands last year. High valuations and a difficult operating environment are leading many franchisees to sell their restaurants. But some say culture problems, low morale and constant disputes are playing a major role.

Financing

As inflation soars, lower-income consumers slow their restaurant spending

By Jonathan Maze on May 11, 2022

The Bottom Line: Quick-service restaurant executives say they’re seeing fewer visits from people with lower incomes and more visits from those with higher incomes. But that difference may not last for long.

Financing

International customers flock to U.S. fast-food brands

By Jonathan Maze on May 10, 2022

Despite challenges with omicron, China and Russia’s invasion of the Ukraine, McDonald’s, Burger King, Taco Bell and other brands have seen strong growth in global markets.

Financing

When Wendy’s and McDonald’s went chain shopping

By Restaurant Business Staff on May 03, 2022

Restaurant Rewind: The burger giants once swelled their portfolios to include everything from pasta concepts to burrito chains. Here's why they ultimately pared back down to burgers.

Financing

At McDonald’s, low-income customers show signs of weakness

By Jonathan Maze on Apr. 29, 2022

The Bottom Line: Tucked in the company’s earnings are signs that some consumers are cutting back. The burger giant’s executives believe they need to have some value to keep them coming.

Financing

McDonald’s sales rise, thanks to digital and loyalty

By Jonathan Maze on Apr. 28, 2022

Same-store sales rose 3.5% in the U.S. in the first quarter and surged overseas. Yet the Russian invasion of Ukraine cost the company $127 million.

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