McDonald’s nearing decision on real-estate spinoff

mcdonalds exterior

McDonald’s will soon decide what to do with its U.S. real-estate assets, in the midst of calls from some investors and analysts to spin off those holdings to unlock shareholder value amid slipping sales, the Wall Street Journal reports.

Though the company hasn’t made a choice on the matter yet, its executives and directors have “had a lot of review and a lot of debate,” Miles D. White, a member of McDonald’s board and CEO of Abbott Laboratories, told the WSJ.

Some argue that spinning off U.S. assets via a REIT or other means would serve as a distraction from McDonald’s current turnaround endeavors, including all-day breakfast, which appears to be having a positive effect on brand perception.

Read the full story via the Wall Street Journal.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Technology

Can AI help bring down delivery costs? Not just yet

Tech Check: There’s hope that chatbots could help restaurants cut out third-party middlemen. Right now, they seem to be doing the opposite.

Financing

How will high gas prices affect restaurants?

The Bottom Line: Oil prices have soared and gas prices are following, which could affect restaurant sales at an otherwise sensitive time. But other issues may be more concerning.

Financing

Stop talking about price, start talking about food

The Bottom Line: Want to win customers over the long term? Focus on your food. A lot of restaurant chains are just now figuring that out.

Trending

More from our partners