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McDonald's aggressively shifted toward a franchised model. While this reduced top-line accounting revenue by replacing direct store sales with smaller royalty cuts, it drastically improved profit margins and cash flow predictability.
To see how drastically the stock surged from the beginning of the year to the end of December, review the performance progression below: McDonald's (MCD) Stock Price Growth in 2017 💡 The Takeaway is mcdonald's a good stock to buy 2017
Shares closed the year at $172.12 in December. 🚀 Why McDonald's Crushed It in 2017 McDonald's aggressively shifted toward a franchised model
System-wide comparable sales grew 5.3% for the full year, resulting in the first positive annual guest count increase the chain had seen in 5 years. 🚀 Why McDonald's Crushed It in 2017 System-wide
The stock delivered a massive 47.60% gain in 2017 alone.
Yes, looking back at , McDonald's (MCD) proved to be an outstanding stock to buy . The company's massive turnaround plan yielded exceptional returns for investors who bought in at the start of that year. 📈 The 2017 Stock Performance Snapshot
The brand introduced self-service kiosks, mobile ordering, and popular initiatives like All-Day Breakfast expansions.
