Franchisees would view that as a lack of faith in the business, ... And the damage that would do, and that's not an exaggeration, we believe would be irreparable.
More Quotes from Matthew Paull:
Significantly, when we convert this group of restaurants to developmental licensees, the results we currently report from these markets will be replaced over time with a royalty--- a royalty based solely on a percentage of sales, and our capital requirements will be eliminated.Matthew Paull
would not add value to McDonald's and would be a tremendous distraction.
Matthew Paull
In our view, the concept outlined at today's Value Investing Congress would not create significant value for McDonald's shareholders. McDonald's and two separate outside advisors have carefully evaluated the ideas presented and concluded that they would pose serious strategic and financial risks to McDonald's and our overall system,
Matthew Paull
We do not expect any significant increase in capital spending for new restaurants since net new unit growth is expected to continue at 1 percent to 2 percent in the near-term. In addition, we expect to return roughly 5 billion to 6 billion to shareholders via dividends and share repurchase over the next two years.
Matthew Paull
We are looking for brands with the potential to impact our business, and we're looking at things that can grow to at least 1,000 restaurants,
Matthew Paull
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