After losing its way early last decade, McDonald’s Corp. has spent the past seven years posting financial performance almost as golden as its arches. The stock has whipped the S&P 500, market share has grown, and earnings have chugged along despite a brutal economy, The Chicago Tribune reported.

Don Thompson, the 47-year-old Chicago native who took over as McDonald’s No. 2 and chief of operations in January, said he’s looking to coax even more growth from the Oak Brook, Ill.-based burger giant, though the company faces plenty of challenges.

McDonald’s gets 36 percent of its operating earnings from Europe, where currency translation issues and a shaky economy cloud the future. Around the world, it is relying on an ambitious plan to spark broader demand in its restaurants by introducing a spate of new products and redesigning its restaurants, according to the report.

Continue reading . . .

RestaurantNews.com provides restaurant press release distribution.
For more information: http://www.RestaurantNews.com/press-release/



Subscribe to our RSS feed!