CFOTips

On May 4th2015, McDonald's Corporation announced initial steps in a turnaround plan which included the following activities – restructure the business into four segments, beginning July 1, 2015 – U.S., International Lead Markets, High Growth Markets, and Foundational Markets; refranchise 3,500 restaurants by the end of 2018; capture approximately $300 million in annual general & administrative expense savings; and, embark on a three-year return of cash program to shareholders totaling $18 to $20 billion. [ 748 more words. ]

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The Problem with the McDonald’s Turnaround In any turnaround, transparency and communications are integral for investors, analysts, potential franchise owners, rating agencies and employees. When the turnaround is transparent, interested p...