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The fast-food giant reported a 12 percent drop in net income from June 2023 to June 2024. ... McDonald’s introduced a meal deal in many restaurants across the US in June, ...
For McDonald's CEO Christopher Kempczinski, sometime on the morning of Jan. 3. ... disclosed in its 2024 proxy statement that in 2023 it "actually paid" $106.6 million to Cook — but it also ...
Country of origin Name Number of locations Revenue 1 China Mixue Ice Cream & Tea: 45,000 (2024) [1]: 168 RMB13.6 billion (2021) [1]: 247 : 2 United States McDonald's ...
McDonald’s is feeling the heat from upset customers. It reported global same-store sales growth of 3.4% in its 2023 fourth quarter, falling short of its expected 4.79% increase.
In 2021, Kempczinski's total compensation from McDonald's was $20 million. [27] In 2023, Kempczinski's total compensation from McDonald's was $19.2 million, or 1,212 times the median employee pay at McDonald's for that year. [28]
Compared to the US, Latin America has fewer McDonald's per person. There's one McDonald's for every 22,200 citizens in the United States. In Mexico, Costa Rica, and Panama there's one restaurant for every 254,000 citizens; in Brazil, there's one for every 310,700 citizens; and in the rest of South America, there's one for every 317,400 citizens ...
McDonald's says low-income customers shied away from the chain in 2023 as prices increased. The company hopes to bring those customers back in 2024.
McDonald's at Gardens by the Bay, Singapore in 2023. 2020: In March, McDonald's halts all day breakfast due to the COVID-19 pandemic. [101] 2022: On March 8, the company announced that it is pausing operations at all 850 of its locations in Russia in response to the Russian invasion of Ukraine twelve days prior. The move comes after similar ...