McDonald's Growth Recipe Is Missing a Few Ingredients
McDonald's (NYSE: MCD) is a key beneficiary of rising demand in the global fast-food industry today. The burger titan has made some of its own luck, too, by adjusting its menu, supply chain, and real estate portfolio in recent years.
This week, the restaurant stock announced third-quarter results that showed that these changes kept it near the top of the industry on key metrics like sales growth and profitability. Yet the report also points to a few major challenges to its global growth rebound plan.
Let's dive right in.
Source Fool.com