A global leader with a lovely tailwind
It’s the world’s largest restaurant chain by revenue and if you’d picked up 100 shares in the IPO your investment would be worth over US$12million today and you’d be receiving over US$345,000 per year in dividends. We’re talking about McDonald’s which operates over 36,000 stores globally. So why has a big, boring, established company like McDonald’s captured the attention of Nikki Thomas at Alphinity Investment Management? Nikki says that over the past three years McDonald’s has been undertaking a transformation program called “Experience of the Future” and this has demonstrated some significant improvements. The program has just got started in the US and in this video, she explains why it is expected to provide a lovely earnings tailwind.