About the Company
McDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and in 1961 bought out the McDonald brothers. Previously headquartered in Oak Brook, Illinois, it moved to nearby Chicago in June 2018. McDonald's is also a real estate company through its ownership of around 70% of restaurant buildings and 45% of the underlying land (which it leases to its franchisees). McDonald's is the world's largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. McDonald's is best known for its hamburgers, cheeseburgers and french fries, although their menu also includes other items like chicken, fish, fruit, and salads. Their bestselling licensed item are their french fries, followed by the Big Mac. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees), the majority of whom work in the restaurant's franchises. As of 2022, McDonald's has the sixth-highest global brand valuation. McDonald's has been subject to criticism over the health effects of its products, its treatment of employees, and its participation in various legal cases.
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Latest $MCD News
McDonald’s brings back bagels as one way to offset California wage hike
Fan-favorite bagel breakfast sandwiches have been reintroduced at McDonald’s locations in California with the hope that they ...
McDonald's Corp (MCD) President of McDonald's USA, Joseph Erlinger, Sells Company Shares
McDonald's Corp (NYSE:MCD), the renowned global fast-food chain, operates and franchises McDonald's restaurants worldwide.
Restaurants, Food and Drink
California’s historic wage hike for fast-food workers drove McDonald’s Corp. to unusual lengths to help franchisees overcome ...
Many McDonald's Prices Have Doubled in the Past Decade
A recent analysis shows that McDonald’s has raised prices of some of its most popular menu items at a rate substantially ...
McDonald's Dips: Earnings May Present A Golden Opportunity
McDonald's dipped, and it trades at a historical low multiple compared to its recent history. Read what to expect from MCD ...
McDonald's: Its Robustness Ratio
McDonald's is a great company with a defensive profile for any portfolio. Click here to see why MCD stock is a Buy.
Delta Air Lines, McDonald's And 2 Other Stocks Insiders Are Selling
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that ...
Mum took cocaine at funeral before toddler fell from car and got run over by van outside McDonald's
Laura Boote, 37, was found to have taken cocaine at a family funeral 24 hours before her three-year-old opened the back door ...
McDonald’s adds a chicken sandwich with a kick to menus
CHICAGO – McDonald’s Corp. announced a new chicken sandwich with a Cajun flair will be available on menus of the US ...
Man Utd star Mason Mount's mystery woman is ex-McDonald's worker who is now a TikTok sensation
Mason Mount has been pictured with Freya Tidy, a TikTok star who used to work at McDonald's, as the Manchester United ace's ...
McDonald's Corporation (NYSE:MCD) is largely controlled by institutional shareholders who own 72% of the company
Key Insights Institutions' substantial holdings in McDonald's implies that they have significant influence over ...
New McDonald’s Sandwich Makes International Fans Heated With Jealousy
Some of McDonald’s international fans are jealous that the rollout of its latest menu addition appears to be limited to ...
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