1 of 1
Story summary
- U.S. McDonald’s announced an $8.5 billion, ten-year remodel plan that adds upgraded PlayPlaces.
- The plan allocates roughly $5 billion through 2030 for rent relief, capital support, remodels and technology upgrades.
- McDonald’s expects the remodels to boost sales growth 2.5% in 2027 and 2% by 2030.
- Shares fell nearly 5% after CEO Chris Kempczinski unveiled the plan, with stock down over 20% YTD.
