So what is the first thought came in your mind??
Mac'd Burger??
Really?
It's obvious that anyone who known about MacDonald they think about its world famous burger, If I am not wrong.
But here we are not discussing about MacD burger.
We are here for another reason ,ok do you know the real owner of MacDonald? Or do you know MacDonald name sold by his real owner?
So today in this blog I will tell you all everthing about MacDonald.i
MacDonald Corporation is an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice MacDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a franchise, with the Golden Arches Logo being introduced in 1953 at a location in Phoneix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had its previous headquarters in Oak brook,Illinois, but moved its global headquarters to Chicago in June 2018.
So it's a short description of MacDonald Corporation.Here we basicaly discusing about share market name of MacDonald Corporation.
So answer is so simple it's Traded as MCD in NYSE.
Revenue
Increase US$21.076 billion (2019)
Operating income
Increase US$9.070 billion (2019)
Net income
Increase US$6.025 billion (2019)
Total assets
Decrease US$32.811 billion (2018)
Total equity
Decrease −US$6.258 billion (2018)
McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries across 37,855 outlets as of 2018. Although McDonald's is best known for its hamburgers, cheeseburgers and french fries, they feature chicken products, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and a negative backlash because of the unhealthiness of their food,the company has added to its menu salads, fish, smoothies, and fruit. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to two reports published in 2018, McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees). As of 2020, McDonald's has the ninth-highest global brand valuation.
So this is about MacDonald Corporation.I hope you like this article on MCD.
Do comments you thaughts below abot this article.
Main source- www.wikipidia.com
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