McDonald's
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McDonald's
Type
Public
Traded as
NYSE: MCD
Dow Jones Industrial Average Component
S&P 500 Component
Industry
Restaurants
Founded
May 15, 1940 in San Bernardino, California;
McDonald's Corporation, April 15, 1955 in Des Plaines, Illinois
Founders
Richard and Maurice McDonald; Ray Kroc (Corporation).
Headquarters
Oak Brook, Illinois, U.S.
Number of locations
35,000+ worldwide
Area served
Worldwide
Key people
Andrew J. McKenna
(Chairman)
Don Thompson
(President and CEO)
Products
Fast food
(hamburgers • chicken • french fries • soft drinks • coffee • milkshakes • salads • desserts • breakfast)
Revenue
US$ 28.1057 billion (2013)
US$ 27.567 billion (2012)
Operating income
US$ 8.7643 billion (2013)
US$ 8.6046 billion (2012)
Net income
US$ 5.5859 billion (2013)
US$ 5.4648 billion (2012)
Total assets
US$ 36.6263 billion (2013)
US$ 35.3865 billion (2012)
Total equity
US$ 16.0097 billion (2013)
US$ 15.2936 billion (2012)
Employees
440,000 (2013)
Website
Global Corporate Website
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The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 35,000 outlets. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth.A McDonald's restaurant is operated by either a franchisee, an affiliate, or the corporation itself. McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. In 2012, McDonald's Corporation had annual revenues of $27.5 billion, and profits of $5.5 billion.McDonald's primarily sells hamburgers, cheeseburgers, chicken, french fries, breakfast items, soft drinks, milkshakes, and desserts. In response to changing consumer tastes, the company has expanded its menu to include salads, fish, wraps, smoothies, fruit, and seasoned fries.
^ McDonald's publication. "Corporate FAQ". McDonald's Corporation. Retrieved 2012-11-27.
^ a b c d e f g h "MCDONALDS CORP 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 24, 2014.
^ a b "MCDONALDS CORP 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. May 6, 2014.
^ McDonald Corporation. "McDONALD’S CORPORATION 10-K SEC Filing".
^ "McDonald's Momentum Delivers Another Year of Strong Results for 2011". Yahoo Finance. 2012. Retrieved January 25, 2012.
^ "McDonald’s Answers the Doubters". BurgerBusiness. January 25, 2012. "Globally, McDonald’s has increased to 68 million from 64 million the number of people it serves daily."
^ "McDonald's History". Aboutmcdonalds.com. Retrieved July 23, 2011.
^ McDonald's Corp. incomes statement Yahoo! Finance
^ "McDonald's Menu". March 27, 2014. Retrieved March 27, 2014.
^ Stephen Evans (April 20, 2004). "McDonald's: The journey to health". BBC News. Retrieved May 2, 2011.
^ Bruce Horovitz (May 18, 2014). "McDonald's testing seasoned fries". USA Today. Retrieved May 2, 2011.
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