McDonald's to Open 8,800 New Locations, Expanding Its Global Footprint

Benzinga 2023-12-06

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McDonald's announced ambitious plans to open more than 8,800 new locations and add 100 million members to its loyalty program by 2027. The large-scale expansion is part of the company's long-term strategy to grow sales across its global footprint. By 2024, McDonald's projects a 2% systemwide sales growth and a 4% increase in new restaurant growth. By 2027, McDonald's aims to have 50,000 locations worldwide, a substantial increase from its current count of 41,198 restaurants. Most new locations will be in the U.S. and in its international operated markets, such as France, Canada, and Australia.

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