With over 38,000 locations in more than 100 countries, McDonald’s (MCD) is a global icon in the fast food industry. In 2023, McDonald’s generated over $25 billion dollars in revenue, up nearly 10% compared to the year before.
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Let’s dive into the company’s biggest moments with Beyond the Ticker.
1940
The McDonald’s brothers, Dick and Maurice, opened the first McDonald’s restaurant on May 15, 1940, in San Bernardino, California.
1954-1955
Ray Kroc purchased the rights to franchise McDonald’s and opened the first franchised restaurant in Des Plaines, Illinois.
1955-1965
Kroc bought the brothers out, then developed its current model of owning the real estate that McDonald’s franchise locations are on.
1965
In April 1965, McDonald’s went public via an initial public offering at $22.50 per share.
1972
McDonald’s hit a milestone – generating $1 billion in sales.
1990
The first McDonald’s restaurant opened in the Soviet Union in Pushkin Square, Moscow, marking a symbolic moment of the Cold War, serving thousands of customers.
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Capitalism baby
Kroc was a genius!
No more burgers for them in Russia 🙂 all the significant events and story from behind was not mentioned.
UNHEALTHY EMPIRE
there I fixed the title for you
Go Vegan!
McD’s has a list of locations which sell the McPlant on their web site. This list is wrong. Several of those locations listed as offering the McPlant, do not sell it at that location. Go Vegan!
That was because McDo’s didn’t call attention to it until recently. These price hikes on their unhealthy food will only be the death of the franchise. No business is too big to fail, remember Ma Bell😂
McDondald’s food is not unhealthy. Maybe it was, it isn’t now, hasn’t been for years already anymore. It isn’t unhealthier than anything else you eat everyday.
True, compared with most other fast food, pizza, or restaurants of any kind, there’s nothing particularly unhealthy about McDonalds’ food- for many people it could be the healthiest meal they had all week.. the perception seems to be more tied to McDonalds being so successful- ‘it must be bad’
You said it and they along with others have become giants due to laziness and a lack of regard for health. How people can even attempt to claim that it is healthy or any other similar place is beyond me.
I can’t put any link broker account,can someone help me here please