McDonald’s generates revenue through company-owned restaurants, franchise royalties, and licensing pacts. Restaurants offer a uniform value-priced menu with some regional variations. As of September 2020, there were roughly 39,100 locations in more than 120 countries: 36,400 franchisee/affiliate units and 2,700 company units. After reorganizing the company into segments based on the maturity and competitive position of its different markets, refranchising 4,000 locations, and eliminating $500 million in net annual SG&A expenses the past several years, the company is focused on its “Accelerating the Arches” plan, which includes (1) optimizing its marketing approach; (2) focusing on its core menu; and (3) doubling-down on digital, drive-thru, and delivery efforts.
After opening the trading day at $211.25, shares of McDonald’s Corporation traded between a range of $210.78 and $214.93. McDonald’s Corporation currently has a total float of 745.11 million
shares and on average sees n/a shares exchange hands each day.
The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $231.92 and low of $124.24 over the last year.
McDonald’s Corporation is based out of Chicago, IL, and has 205,000 employees. The company’s CEO is Christopher J. Kempczinski.
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GET TO KNOW THE DOW
The Dow Jones Industrial Average is the oldest and most-often cited stock market index for the American equities market. Along
with other major indices such as the S&P 500 and Nasdaq, it remains one of the most visible representations of the stock market to the outside world. The index consists of 30 blue chip companies and
is a price-weighted index as opposed to a market-cap weighted index. This approach has made it somewhat controversial among market watchers. (See: Opinion: The DJIA is a Relic and We Need to Move On)
The history of the index dates all the way back to 1896 when it was first created by Charles Dow, the legendary founding editor of the Wall Street Journal and founder of Dow Jones & Company, and
Edward Jones, a statistician. The price-weighted, scaled index has since become a standard part of most major daily news recaps and has seen dozens of different companies pass through its ranks,
with only General Electric ($GE) remaining on the index since its inception.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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