McDonald's investor day is Wednesday. Expect to hear about expansion, tech and China
Publishing timestamp: 2023-12-05 08:00:01
Summary
McDonald's is expected to discuss its recent corporate restructuring, accelerated expansion plans, and digital strategy at its investor meeting. The company may share new details about its expansion plans, a new spinoff brand called CosMc's, and its digital strategy. Wall Street analysts are not expecting major shifts in strategy but predict McDonald's will release a near-term forecast for sales growth and new unit development. The article also mentions McDonald's focus on its U.S. stores, including remodels and store upgrades, as well as its plans for international markets and its growing digital business.
Sentiment: NEUTRAL
Tickers: MCD,
Keywords: united states, mcdonald's corp, breaking news: business, retail industry, restaurants, business, business news,
Source: https://www.cnbc.com/2023/12/05/mcdonalds-investor-day-what-to-expect.html