UPDATE: McDonald's (MCD) Pares Earlier Gains; Sees Potential for Credit Downgrade Amid New Debt Plans

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Go back to UPDATE: McDonald's (MCD) Pares Earlier Gains; Sees Potential for Credit Downgrade Amid New Debt Plans

McDonald's: Executing The Turnaround Plan

November 10, 2015 1:29 PM EST

OAK BROOK, Ill., Nov. 10, 2015 /PRNewswire/ -- During the Company's investor meeting today, McDonald's Corporation President and Chief Executive Officer Steve Easterbrook and members of senior management provided an update on the Company's Turnaround Plan and made the following announcements:

The Company reiterated that it expects positive fourth quarter comparable sales in all segments Sales, Operating Income and One-year Return on Incremental Invested Capital targets for 2016 that are more consistent with the Company's previously stated long-term financial targets Global refranchising target raised to 4,000... More