Had another one for lunch today.![]()
CNBC article from today says McDonald’s plans to open an additional 9000 stores by 2027, most in China but 900 in the US. I figured they were already saturated in the US market.
Might be worth considering parking a few bucks in MCD. Better return than 0.001% in a savings account.
Mickey D launching a spin off:
https://www.foxbusiness.com/lifestyle/mcdonalds-spinoff-cosmcs-pops-up-midwest
Not every location is a hit and sometimes the real estate might be worth more for other purposes.
The Mick D in downtown Walnut Creek was put out of its misery a few years ago.
What's Rob up to now? 50?![]()
Recently, and I can't recall where, I actually saw a closed and empty McDonalds. I can't say I've ever seen a McDs close.