McDonald's to Open 8,800 New Locations, Expanding Its Global Footprint

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benzinga

2023-12-07T03:19:13-0500

McDonald's announced ambitious plans to open more than 8,800 new locations and add 100 million members to its loyalty program by 2027. The large-scale expansion is part of the company's long-term strategy to grow sales across its global footprint. By 2024, McDonald's projects a 2% systemwide sales growth and a 4% increase in new restaurant growth. By 2027, McDonald's aims to have 50,000 locations worldwide, a substantial increase from its current count of 41,198 restaurants. Most new locations will be in the U.S. and in its international operated markets, such as France, Canada, and Australia.

sales growthU.S.McDonaldsFrancecanadaAustraliainternational marketsLoyalty ProgramExpansion Plansnew locationsglobal footprintrestaurant growthsystemwide sales growthworldwide locations