McDonald's Tells Investors to Expect More Cash Returns
McDonald's (NYSE: MCD) just took a big step in the right direction. In its fourth-quarter earnings report, the fast-food chain failed to show a return to customer traffic growth in the core U.S. market. However, that critical trend did improve year over year to help it log some of its fastest global growth in over a decade.
In a conference call with Wall Street analysts, CEO Chris Kempczinski and his team discussed that rebound and explained how the company aims to stand out in a crowded restaurant industry in 2020 and beyond. Below are a few highlights from that presentation.
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Source Fool.com
