McDonald's Shares Slump on $8.5 Billion Franchisee Support Plan
McDonald's shares plummeted by 5% on Friday after the fast-food giant announced an $8.5 billion plan to support its franchisees, citing concerns over the timing of the investment.
The company plans to provide approximately $8.5 billion in support to franchisees through 2036, with around $5 billion allocated for the next decade.
This includes rent relief and capital support aimed at accelerating restaurant modernization and technology upgrades as part of McDonald's NEXT strategy.