McDonald’s (MCD) plans to open 1,900 new locations in 2023. More than 400 of the new Golden Arches will be in the U.S. or in its internationally operated markets, including Germany, Canada, France, Australia, Canada, and the U.K. The remaining 1,500 will be in developmental licensee and affiliate markets, including 900 in China.
The fast-food giant plans to spend $2.2 billion to $2.4 billion on capital expenditures, “half of which will be dedicated to new net openings,” CFO and EVP Ian Borden…
Source link
