Russians line up for final Big Mac ahead of McDonald's exit [Financial Post (Toronto, Ontario, Canada)]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Financial Post
Advertisement The world’s largest burger chain is rolling down the shutters in Russia after more than 30 years, becoming one of the biggest global brands to leave following Moscow’s actions in Ukraine. McDonald’s exit ends a chapter in the U.S. company’s history that began when it started serving its burgers in Russia as a symbol of American capitalism. The company had already decided to temporarily close its restaurants in the country in March. They included the iconic Pushkin Square location in central Moscow, which broke global records when opening on Jan. 31, 1990, as more than 30,000 people queued around the block for Big Macs costing 3 roubles. “McDonald’s operates in few places now,” said 32-year-old Irina, who was queuing at the branch in Moscow’s Leningradsky Station, from where trains head north to St Petersburg. “I miss McDonald’s, so when I go to St Petersburg, I drop by and treat myself to a Big Mac.” QUALITY CONTROL McDonald’s plans to sell 84% of its nearly 850 re
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website