Plain Vanilla Shell
During its recent Q4 earnings call, McDonald's announced plans to open about 500 new restaurants in the U.S., part of a bigger plan to open more than 1,300 new locations around the world. During the call, CFO Kevin Ozan said the company will spend nearly half of its $2.3 billion of capital to open those restaurants, calling new restaurant development an "important driver of our growth.". . . more
