Tag: $McDonald’s

SHANGHAI, Dec 4 (Reuters) – The decision by McDonald’s to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky – but the potential pay-off is great, analysts say.

McDonald’s third-quarter earnings and revenue beat Wall Street’s estimates.

McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees.

McDonald’s on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its China sales rebound and mascot Grimace drives U.S. visits.