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1. McDonald’s (2024) McDonald’s is currently in full-blown damage control as sales drop across multiple locations, with the largest fast-food chain the country being at the center of one of ...
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
In 2013, McDonald's encountered controversy around negative racial stereotypes when the fast-food restaurant tested one of its ads in Germany for the resident Mexican population. The title of the commercial was Los Wochos, a made-up word for the Spanish translation of the word 'week' (Woche) in German. The commercial went on to say, "When you ...
Gary Bradshaw, portfolio manager at Hodges Capital Management, said he remains bullish on restaurants with growing sales revenue and store numbers, like Chipotle, McDonald's and Texas Roadhouse.