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McDonald's talks capex spending

Published 03/14/2018, 09:37 AM
© Reuters.  McDonald's talks capex spending
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  • McDonald's (MCD +0.7%) reaffirms FY18 capex guidance of $2.4B during CFO Kevin Ozan's presentation at an investor conference today, per Bloomberg.
  • The company plans to keep investing in store remodels this year after seeing a notable sales lift at redone stores. Capex is seen falling off after 2020.
  • Webcast of McDonald's presentation at the Bank of America Merrill Lynch (NYSE:BAC) Consumer & Retail Technology Conference
  • Now read: McDonald's: Where's The Beef?


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