Tuesday March 31, 2020

Super-sizing profits

Is McDonald’s recession proof? It’s certainly thriving in the downturn, writes Catherine O’Mahony

21st February, 2009

The golden arches of McDonald’s are holding up remarkably well during the recession, at home and abroad.

In a world of collapsing stocks, the McDonald’s share price enjoys the rare distinction of trading slightly ahead of where it was a year ago. Last week, the company was dubbed the ‘‘pick of the fast food litter’’ for investors by Forbes magazine. In Ireland, the McDonald’s Restaurants of Ireland chain is set to open four...

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