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

1 min read
Source: Yahoo Finance
McDonald's Sets Ambitious Expansion Goals, Targets 50,000 Locations by 2027
Photo: Yahoo Finance
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.

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