McDonald's targets low-to-mid 50% operating margin by 2030, commits $8.5bn to franchisee support; US business "slightly negative" in August

At its investor day, held as shares trade at a 52-week low, McDonald's said it is targeting a "low-to-mid 50%" operating margin by 2030 and committing $8.5bn to franchisee support and modernization through 2036 ($5bn of it by 2030). The company also said its US business was "slightly negative" in August and expects it to stay that way in Q3, and is betting on chicken as beef prices soar.

Detected & updated continuously · Source: Nebula