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.
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00:00 Benzinga and here's what's on the block. McDonald's announced ambitious plans to
00:04 open more than 8,800 new locations and add 100 million members to its loyalty program by 2027.
00:11 The large-scale expansion is part of the company's long-term strategy to grow sales
00:15 across its global footprint. In 2024, McDonald's projects a 2% system-wide sales growth and a 4%
00:22 increase in new restaurant growth. By 2027, McDonald's aims to have 50,000 locations worldwide,
00:28 which is a substantial increase from its current count just above 41,000 restaurants.
00:33 Most of the new locations will be in the United States and the international markets it'll be
00:37 in countries such as France, Canada and Australia. For all things money visit Benzinga.com