January 30, 2018 / 1:21 PM / 24 days ago

BRIEF-McDonald's Expects To Return About $24 Bln To Shareholders Over 3-Year Period Ending 2019 - SEC FILING

Jan 30 (Reuters) - Mcdonald’s Corp:

* MCDONALD‘S SAYS EXPECTS NET RESTAURANT ADDITIONS TO ADD ABOUT 1 PERCENT POINT TO 2018 SYSTEMWIDE SALES GROWTH (IN CONSTANT CURRENCIES) - SEC FILING

* MCDONALD‘S - EXPECTS CAPITAL EXPENDITURES FOR 2018 TO BE ABOUT $2.4 BILLION

* MCDONALD‘S - FOR 2018, COSTS FOR TOTAL BASKET OF GOODS EXPECTED TO RISE ABOUT 1-2 PERCENT IN U.S. & ABOUT 2 PERCENT IN INTERNATIONAL LEAD SEGMENT

* MCDONALD‘S - EXPECTS TO RETURN ABOUT $24 BILLION TO SHAREHOLDERS OVER 3-YEAR PERIOD ENDING 2019

* MCDONALD‘S - BEGINNING IN 2019, EXPECTS TO ACHIEVE EPS GROWTH IN HIGH-SINGLE DIGITS

* MCDONALD‘S - THROUGH END OF 2017, CO REALIZED CUMULATIVE SAVINGS OF ABOUT $300 MILLION & EXPECTS TO FULLY REALIZE TARGETED $500 MILLION OF NET SAVINGS IN 2019

* MCDONALD‘S - BEGINNING IN 2019, EXPECTS TO ACHIEVE SYSTEMWIDE SALES GROWTH OF 3-5 PERCENT

* MCDONALD‘S - BEGINNING IN 2019, EXPECTS TO ACHIEVE OPERATING. MARGIN IN MID-40 PERCENT RANGE

* MCDONALD‘S - EXPECTS AN INCREMENTAL CASH FLOW BENEFIT OF $400 TO $500 MILLION ANNUALLY AS A RESULT OF THE TAX ACT, PRIOR TO ANY REINVESTMENT

* MCDONALD'S - BEGINNING IN 2019, EXPECTS TO ACHIEVE RETURN ON INCREMENTAL INVESTED CAPITAL IN MID-20 PERCENT RANGE Source text: (bit.ly/2Gv3B3N) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below