Find in the news:
BY COUNTRY

McDonald's beats profit estimates



McDonald's expects to open 1,900 new restaurants in 2023.
McDonald's - unsplash

McDonald's presented its operating results for the fiscal year 2022. The fast-food giant's revenue and profit results beat Wall Street analysts forecasts.

The company recorded its second consecutive quarter of increased traffic in the U.S. market despite an overall negative performance in the fast-food segment. McDonald's again won against Americans' desire to save money and switch to fast food instead of classic restaurants.

McDonald's earnings per share were $2.59 versus a forecast of $2.45. Sales rose to $5.92 billion versus an expected $5.68. The corporation's fourth-quarter net income was $1.9 billion.

In the global market, McDonald's sales increased by 12.6%, thanks to solid demand not only in the U.S. but also in major European markets in Britain, France, and Germany. Revenue also grew significantly in Brazil and Japan but declined in China due to the latest wave of restrictions. Domestic comparable restaurant sales were up 10.3%, compared with analysts' expectations for growth of 8.1%.

McDonald's expects to open 1,900 new restaurants in 2023, including 400 corporate restaurants in the United States and other countries. Compared to 2022, the growth rate of the chain will be increased by 100 restaurants. The company also said it plans to spend $2.2 billion to $2.4 billion on capital spending.

More about shopping malls in the USA



Dec 25, 2023, United Kingdom:
Nestled in the historic heart of London and renowned for its Georgian-era architectural splendor.
Dec 25, 2023, USA:
The company emphasized that cost-cutting is a pivotal focus for its future endeavors.
Dec 22, 2023, United Kingdom:
The sports giant has joined a long list of international brands that will open their store doors at Trinity Leeds shopping center.
Dec 22, 2023, Austria:
The brand will present at iconic locations such as Cortina d'Ampezzo in Italy, Zermatt in Switzerland, and Hochzillertal-Kaltenbach in Austria.
Dec 21, 2023, USA:
Italian fashion house has sealed a deal to acquire the building housing its flagship store.
Dec 21, 2023, Mexico:
Luxury French fashion house Zadig & Voltaire has unveiled its boutique in Mexico City.
Friend
and Follow
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia
Westfield Santa Anita ADDRESS: 400 S. Baldwin Ave. Arcadia, CA 91007
USA . Arcadia
Westfield Santa Anita
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us