Monday, May 4, 2015

McDonald’s extends losses to close; stock falls 1.7% – The Financial

McDonald’s shares extended losses to logoff, as investors analyzed the new restructuring plans for the company announced today by the CEO Steve Easterbrook.

According to the executive, the plan aims to attract customers that have moved away, boost sales and transform the largest restaurant chain in the world by revenue in a company modern producer of hamburgers.

NYSE , the titles of the fast food chain fell 1.71 percent to 96.13 per share listed on the Dow Jones index.

Despite this setback, the company reported a gain of 2.6 percent in the year.

According to the executive, plans include reorganizing business McDonald’s en worldwide in four new operating divisions, spend a few restaurants to franchisees, reduce business costs, improve food quality and simplify a “cumbersome” management structure.

“I will not shun the urgent need to reorganize these businesses, “said Easterbrook, who took office on March 1 in one of the most disappointing years of the company.

the first quarter of 2015 McDonald s made a net profit of 811 million, 32.7 percent less than the thousand 205 million dollars earned in the same period of 2014.

number of a multinational business lcanzó in the first three months of the year 5000 of $ 959 million, 11.1 percent less than the 6000 700 million in the first quarter of 2014.

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