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CLAIM #39064 · McDonald’s Corporation (MCD) · 2023Q4 earnings call · Feb 5, 2024 · due Dec 31, 2027

We know our ambition to reach 50,000 restaurants by the end of 2027 is a compelling opportunity and we've done our homework.

Chris Kempczinski · CEO

PENDING
graded after results covering Dec 31, 2027 are reported

How to check this claim

Look at: Total McDonald's restaurant count worldwide, as disclosed by the company

It came true if: Total restaurant count >= 50,000

Where: Company-disclosed restaurant count (10-K global restaurant data / Q4 2027 earnings call)

In context

e by 2026, in part through an expansion of our McCrispy platform into wraps and tenders. We've made incredible progress across our 4Ds by taking the things our customers love about McDonald's from convenience to personal connections with our brand and making them even better. For example, Ready on Arrival will expand across our top six markets by the end of 2025. And while we've built one of the largest loyalty programs in the world in just a few years, over 150 million active users today represents only a fraction of our total customers. We aim to reach 250 million active users and $45 billion in annual loyalty system-wide sales by the end of 2027. And as you heard during our investor update, the world's largest restaurant company is planning to grow even faster over the next four years. We know our ambition to reach 50,000 restaurants by the end of 2027 is a compelling opportunity and we've done our homework. We've identified key areas with high population growth and lower store density across both our IOM and U.S. segments, and that's where we're starting. These opportunities before us in the near term are compelling, but as we plan for long-term growth and solidifying McDonald's leadership position we've introduced three new platforms that will become part of Accelerating the Arches to build on our competitive advantages, cement our place and culture, and stay one step ahead of the next generation of digital customers. This includes building one of the largest consumer platforms in the world to attract and retain highly valuable digital and loyalty customers. The easiest and most efficient restaurant operating platform that puts intuitive technology in the hands of our restaurant teams and d

Verify independently

SEC filings for MCD · Claim quote is verbatim from the 2023Q4 earnings call.