McDonald's sees 2008 capital spending at $2 bln

January 17, 2008
Source
Guardian Unlimited
McDonald's Corp's chief financial officer reiterated the company's forecast for capital spending of about $2 billion in 2008, split between new restaurants and renovation of existing ones.
Speaking at a conference on Wednesday hosted by Cowen and Co., the restaurant operator's CFO, Pete Bensen, said McDonald's plans to "reimage"about 1,500 restaurants and open about 1,000 new ones.
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  • McDonalds Corporation

    McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day. 

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