HALISTER: McDonald’s to Take 12c Restructuring Charge in 3Q

McDonald’s to Take 12c Restructuring Charge in 3Q

(Bloomberg) -- McDonald’s says it expects to incur ~$130m in pretax charges, or about $0.12 per share on an after-tax basis, in 3Q.
  • Consists of restructuring and non-cash impairment charges related to global G&A and refranchising initiatives, which were outlined in November 2015
  • NOTE: MCD to report 3Q results Oct. 21
  • Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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MCD US (McDonald's Corp)

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