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.
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.
McDonald’s to Take $235 Million Charge in Q2
The charge is related to the chain's plan to refranchise thousands of restaurants and move its headquarters.
Finance Roundup for Executives: April 25, 2016
Be informed, get involve, and shape the world through finance: Read CFO.com's most recent headlines and standout stories.
McDonald’s Continues Double-Digit EPS Growth
The popularity of McDonald's all-day breakfast menu and the McPick 2 promotion fueled a 5.4% increase in U.S. same-store sales.
On the Menu for Restaurants: Higher Earnings
Revenue and operating income for U.S. restaurants will increase more than expected, said Moody’s Investors Service in upgrading its industry outlook.
All-Day Breakfast Boosts McDonald’s Sales
U.S. comparable store sales rose 5.7% in the fourth quarter as McDonald's turnaround strategy gained traction.
McDonald’s Says REIT Wouldn’t Benefit Investors
Burger giant's CEO says the structure would "put future value at risk."
McDonald’s Q3 Profit Shows Turnaround Is Legit
U.S. sales grew for the first time since 2013, increasing 0.9%.
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Wendy’s Selling 640 Stores
The fast-food chain is also disposing of a bakery unit and refinancing some debt.