McDonald's Sets Ambitious Expansion Goals, Targets 50,000 Locations by 2027

TL;DR Summary
McDonald's plans to expand its restaurant count to 50,000 by 2027, marking the fastest growth in its history. The company aims to boost its active loyalty user base to 250 million and increase annual systemwide sales to $45 billion by 2027. McDonald's will invest in digital, delivery, and drive-throughs, including partnering with Google Cloud to enhance operations and customer experience. The company also plans to update its burger lineup and expand its chicken business. Last quarter, McDonald's saw high-single-digit sales growth in its international markets and agreed to buy back Carlyle's minority ownership stake in its China business.
- McDonald's plans record restaurant expansion, boost in loyalty program Yahoo Finance
- McDonald's aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027 CNBC
- McDonald's has big plans for the next 4 years, chain says NBC Chicago
- McDonald's is about to go through a major growth spurt Nation's Restaurant News
- McDonald's aiming to grow to 50,000 locations by 2027 Crain's Chicago Business
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
81%
526 → 98 words
Want the full story? Read the original article
Read on Yahoo Finance