Mc Donalds

McDonald's

Type	Public
Traded as	: MCD DJIA Component S&P 100 Component S&P 500 Component
ISIN	US5801351017
Industry	Restaurants
Genre	Fast food restaurant
Founded	McDonald's: May 15, 1940; 77 years ago (1940-05-15) San Bernardino, California McDonald's Corporation: April 15, 1955; 62 years ago (1955-04-15) Des Plaines, Illinois
Founders	McDonald's: Richard and Maurice McDonald McDonald's Corporation: Ray Kroc
Headquarters	Oak Brook, Illinois, U.S. (moving to Chicago in 2018)
Number of locations	About 36,900 (December 31, 2016)
Area served	Worldwide
Key people	Andrew J. McKenna (Chairman) Steve Easterbrook (President and CEO)
Products	Hamburgers chicken french fries soft drinks milkshakes salads desserts coffee breakfast wraps
Revenue	US$24.622 billion (2016)
Operating income	US$7.745 billion (2016)
Net income	US$4.686 billion (2016)
Total assets	US$31.024 billion (2016)
Total equity	US$2.2043 billion (2016)
Number of employees	375,000 (2016)
Website	corporate.mcdonalds.com/mcd.html www.mcdonalds.com/us/en-us.html This box:

corporate.mcdonalds.com/mcd.html
www.mcdonalds.com/us/en-us.html

McDonald's was founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, USA. They rechristened their business as a hamburger stand. The first time a McDonald's franchise used the arches logo was in 1953 at the opening of Phoenix, Arizona, USA. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had it's original headquarters in Oak Brook, Illinois,USA, but has approved plans to move its global headquarters to Chicago by 2018.

McDonald's remains one of the world's largest restaurant chains, serving over 69 million customers daily in over 100 countries across approximately 36,900 outlets as of 2016. Although McDonald's is known for it's hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and desserts. In response to changing consumer tastes and in response to negative backlash at towards the unhealthiness of their food, the company has added to its menu salads, fish, smoothies, and fruit. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to a BBC report published in 2012, McDonald's is the world's second largest private employer (behind Walmart with 1.9 million employees), 1.5 million of whom work for franchises.