MCD · News · 20261106N

Franchise Model and Expansion Outlook

MCDONALDS CORP · 2026-11-06 · Importance 46 · Surprise 42 · In source text

McDonald’s reported that it had refranchised about 175 restaurants across the U.S. and International Operated Markets year to date. It is targeting a globally franchised system that is 98% franchised by 2028. The company expects about 2,500 gross restaurant openings in 2026, below its 2,600 target, while about 2,100 net openings are on track.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommitted—McDonald's expects approximately 2,500 gross restaurant openings in 2026, below its 2,600 target, and is on track for approximately 2,100…