08.05.2015 - McDonald's has pleased investors
Sales McDonald's Corp fell by 0.6%, which was better than analysts' expectations. This fact is indicative of the success of a new CEO Steve Easterbrook. Analysts had forecast a decline in sales by 1.8%. It is worth noting that the new CEO came in his place at a time of strong competition and problems with food safety in Europe and Asia. The company plans to increase sales of franchises and save $ 300 million due to lower operating expenses. We expect moderate growth in the company's shares by 15-18% per year.