Official Name: McDonald's Corporation
Headquarters: Chicago, IL, United States
Founded: May 15, 1940
CEO: Mr. Christopher J. Kempczinski
USD as of April 1, 2022
Founded in 1940 as a restaurant, McDonald's has evolved to become a leading fast-food franchise. As of 2016, McDonald's was the world's largest restaurant chain by revenue, serving over 69 million customers daily in more than 36,900 outlets, located in more than 100 countries.
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
McDonald's is an American multinational fast food corporation, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had its previous headquarters in Oak Brook, Illinois, but moved its global headquarters to Chicago in June 2018. McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries across 37,855 outlets as of 2018. Although McDonald's is best known for its hamburgers, cheeseburgers and french fries, they feature chicken products, breakfast items, soft drinks, milkshakes, wraps, and desserts. The company also added salads, fish, smoothies, and fruit in response to changing consumer tastes and a negative backlash because of the unhealthiness of their food. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to two reports published in 2018, McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees). As of 2020, McDonald's has the ninth-highest global brand valuation.
Source: Wikipedia, retrieved on March 31, 2022, 9:01 p.m.
Hamburgerschickenfrench friessoft drinksmilkshakessaladsdessertspancakecoffeebreakfastwraps
Founder(s): Richard and Maurice Mc Donald Ray Kroc
Enrique Hernandez Jr.(chairman) Chris Kempczinski(president and CEO)
Revenue: US$21.076 billion (2019)
Operating income: US$9.070 billion (2019)
Net income: US$6.025 billion (2019)
Total assets: US$32.811 billion (2018)
Total equity: −US$6.258 billion (2018)