McDonalds Archives - CFO

Ex-McDonald’s CEO Repays $105M Severance Deal

Risk & Compliance

Ex-McDonald’s CEO Repays $105M Severance Deal

The company had sued Steve Easterbrook for deceiving it into making the payout when it fired him for sexual misconduct.

By Matthew Heller | December 16, 2021

McDonald’s Sets Goals to Expand Diversity Among Senior Leadership

Talent Management

McDonald’s Sets Goals to Expand Diversity Among Senior Leadership

The new emphasis on diversity comes as McDonald’s faces a public relations dilemma with a lawsuit by Herb Washington, a former Oakland A’s player.

By Vincent Ryan | February 18, 2021

McDonald’s Sues Ousted CEO

Risk & Compliance

McDonald’s Sues Ousted CEO

The company alleges Steve Easterbrook lied about sexual relationships he had with three employees.

By Lauren Muskett | August 10, 2020

McDonald’s Pulls Outlook as Sales Plummet

Financial Reporting

McDonald’s Pulls Outlook as Sales Plummet

The company raised $6.5 billion in the quarter and has suspended share buybacks.

By Lauren Muskett | April 8, 2020

Coronavirus Outbreak Impacting Global Business

Coronavirus Outbreak Impacting Global Business

Companies are cutting operations and restricting nonessential travel to mainland China as the virus spreads.

By Lauren Muskett | January 29, 2020

Impossible Foods Pulls Plug on McDonald’s Deal

Impossible Foods Pulls Plug on McDonald’s Deal

The plant-based meat maker cites production constraints, possibly opening the door for rival Beyond Meat to supply the Golden Arches.

By Matthew Heller | January 8, 2020

McDonald’s Buys AI Company to Automate Drive-Thru Ordering

McDonald’s Buys AI Company to Automate Drive-Thru Ordering

Apprente’s voice-based technology should help speed and simplify the fast-food chain’s order taking.

By Lauren Muskett | September 10, 2019

McDonald’s to Buy AI Personalization Platform

McDonald’s to Buy AI Personalization Platform

The deal for Dynamic Yield would be the largest for the fast-food giant in two decades.

By Lauren Muskett | March 26, 2019

McDonald’s Shares Jump 6% on Earnings Beat

Financial Performance

McDonald’s Shares Jump 6% on Earnings Beat

The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.

By Matthew Heller | October 23, 2018

McDonald’s Earnings Helped By European Sales, Lower Tax Rate

Cost Management

McDonald’s Earnings Helped By European Sales, Lower Tax Rate

Despite a fall in revenue, the fast-food company still beat sales and earnings estimates and saw an increase in same-store sales globally.

By William Sprouse | July 26, 2018

McDonald’s to Lay Off Workers, Restructure Regional Offices

McDonald’s to Lay Off Workers, Restructure Regional Offices

The fast-food giant looks to streamline its structure, reducing the layers between regional workers and the company's CEO.

By William Sprouse | June 7, 2018

McDonald’s Serves up 5.5% Comp Sales Gain

Financial Performance

McDonald’s Serves up 5.5% Comp Sales Gain

The fast-food giant benefited in Q1 from menu price increases that fueled higher check averages in the U.S.

By Matthew Heller | May 1, 2018

Storms Dent Wendy’s Same-Store Sales in Q3

Financial Performance

Storms Dent Wendy’s Same-Store Sales in Q3

The fast-food chain's stock falls 3% amid concerns it is losing ground to its rivals in the burger wars.

By Matthew Heller | November 8, 2017

Promotions Drive McD’s 6% Comp Sales Jump

Financial Performance

Promotions Drive McD’s 6% Comp Sales Jump

Deals such as McPick 2 and the Signature Crafted premium sandwich helped the chain post a 4.1% Q3 gain in U.S. same-store sales.

By Matthew Heller | October 24, 2017

McDonald’s China Stores Could Fetch $2 Billion

McDonald’s China Stores Could Fetch $2 Billion

The fast-food giant has attracted at least three bidders to the auction of a 20-year license to run all of its 2,200 stores in China.

By Matthew Heller | October 4, 2016