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McDonald's planning 1,000 new stores
#1
So I guess the ecomony has not had an impact on the Big Mac

http://blogs.moneycentral.msn.com/topsto...0offensive

McDonald's (MCD) has been able to thrive in this recession thanks to a focus on menu innovation, price conservation, and store renovation. But new efforts aimed at growing the restaurant base could put this all in jeopardy.

The company ended 2008 on a strong note. Fourth-quarter earnings came in at $0.87 per share, beating analyst estimates by four cents. Same-store sales increased 5% in the U.S. and 7.2% globally thanks to price increases (such as those taken on the beloved Dollar Menu). Net profit for the year increased 80% to $4.3 billion.

A significant investment of $2.1 billion is planned
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McDonald's planning 1,000 new stores - by Stardust - 01-27-2009, 03:39 PM

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