McDonald's Corporation

News and overview for McDonald's Corporation

Festus choir goes for the win in national gospel competition in Detroit
St. Louis Post-Dispatch | 15 days 22 hours 12 minutes ago
DETROIT — Things were going badly at Faith Celebration Choir's final rehearsal before its big national showdown here Saturday.


Inside Story: The real media hotlist
Independent (London), The | 16 days 1 hour 21 minutes ago
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Fast food, quick moves: An appetite for growth
Globe and Mail (Toronto), The | 14 days 19 hours 50 minutes ago
Just as many retailers are retrenching, the CEO of burger chain A&W sees advantages in doing just the opposite


Newark municipal attorney admits trying to coerce $750K from boss
NJ.com | 41 days 14 hours 30 minutes ago
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Quick-Serve Specialists Aim for Innovation Through Partnership
QSR Magazine | 24 days 17 hours 30 minutes ago
[2009-11-01]   Quick-serve and fast-casual specialist Secret Ingredient Marketing (SIM) announced that it has teamed up with Silicon Valley innovation professional Cliff Jue to expand its insight-based innovation methodology (D.I.N.E.) beyond SIM's existing strength in food innovation, brand development, and marketing communications. The collaboration with Jue adds experience in product innovation, restaurant systems design, functional packaging, and consumer experience design to ...


Prepared foods saltier in Canada: Study
Edmonton Journal (Canada), The | 44 days 2 hours 8 minutes ago
Not all Big Macs and breakfast cereals are created equal, reveals a new study that shows salt levels in the same products vary from one country to another.A group dedicated to reducing salt consumption, called World Action on Salt and Health, analyzed more than 260 products from big-name food manufacturers including McDonald's, Kellogg, Burger King, Subway, Nestl and KFC, and found that not one product from those companies had consistent salt levels from one country to another.


Required reading: Five essential stories of the week
Globe and Mail (Toronto), The | 23 days 20 hours 6 minutes ago
Why you can't find a Big Mac in Iceland any more, the end of 'Made in Taiwan,' and how Health Canada's approach to marketing the H1N1 vacine stacks up against the world


It's Finally Here! $1 1/4 Pound Double Cheeseburger Hits the Menu in Participating BURGER KING Restaurants Nationwide
Restaurants & Institutions | 35 days 17 hours 14 minutes ago
SPONSORED LINKS Burger King Corp. (NYSE:BKC) today announced that consumers craving the flame-fresh taste of a quality hamburger can head to their nearest BURGER KING® restaurant for an unbeatable deal - the ¼ pound Double Cheeseburger for only $1.


Starbucks Bucks The Trend
Forbes | 39 days 3 hours 12 minutes ago
HONG KONG -- Starbucks Coffee Japan and another local retailer raised their profit forecasts Friday, bucking the trend for Japanese retailers.


Fidelco Names New Chief Executive
Hartford Courant (Conn.), The | 35 days 13 hours 7 minutes ago
Fidelco Guide Dog Foundation , Inc. has named Eliot D. Russman, a resident of Redding and New York City , as chief executive officer and executive director -- the first in that position not from the Kaman family.


Earnings roundup: Nicor 3Q profit jumps, Alliant Energy posts 3Q loss on hefty special charge
Hartford Courant (Conn.), The | 24 days 9 hours 39 minutes ago
Among the earnings stories for Friday, Oct. 30, from AP Financial News:


Hynix Semiconductor records first net profit in 2 years on rebound in memory chips
Hartford Courant (Conn.), The | 32 days 3 hours 33 minutes ago
SEOUL, South Korea (AP) — Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market.


Normal International Operations Reduce Need For Forex Hedging
Hospitality Net | 39 days 22 hours 42 minutes ago
Ithaca, NY -- Businesses operating in international destinations often face the problem of how currency fluctuations affect their profits. While most international businesses use foreign-exchange hedging to limit currency risk, hotel companies might not need fancy currency hedges. Instead, a new study from Cornell's Center for Hospitality Research (CHR) explains that normal business practices for international hotel operations have a currency-hedging effect.


Dover posts sharp in drop in 3rd-quarter profit, amid weak demand in auto and energy markets
Hartford Courant (Conn.), The | 31 days 16 hours 57 minutes ago
NEW YORK (AP) — Dover Corp. , which makes refrigeration products, pumps and all-wheel-drive powertrain systems, said Friday its third-quarter earnings fell 43 percent, hurt by continuing weak demand from the infrastructure, auto and energy markets.





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Company Overview


Company: McDonald's Corporation
Industry: Fast-Food & Quick-Service Restaurants
Website: http://www.mcdonalds.com

Serving billions of hamburgers has put a shine on these arches. McDonald's is the world's #1 fast-food company by sales, with about 32,000 restaurants serving burgers and fries in about 120 countries. (There are nearly 14,000 Golden Arches locations in the US.) The popular chain is well-known for its Big Macs, Quarter Pounders, and Chicken McNuggets. Most of its outlets are free-standing units, but McDonald's also has many units located in airports and retail areas. Each eatery gets its food and packaging from approved suppliers to ensure that a Big Mac purchased in Pittsburgh tastes the same as one bought in Beijing. Nearly 80% of the restaurants are run by franchisees or affiliates.


Key Numbers

Sales in U.S. Dollars (mil.) 23,522.4 (2008)
One-year % Growth in Sales 3.2 (2008)
Net Income in U.S. Dollars (mil.) 4,313.2 (2008)
One-year % Growth in Net Income 80.1 (2008)
Number of Employees 400,000 (2008)
One-year % Growth in Number of Employees 2.6 (2008)
Fiscal Year-End December