We do not expect any significant increase in capital spending for new restaurants since net new unit growth is expected to continue at 1 percent to 2 percent in the near-term. In addition, we expect to return roughly 5 billion to 6 billion to shareholders via dividends and share repurchase over the next two years.
More Quotes from Matthew Paull:
would not add value to McDonald's and would be a tremendous distraction.Matthew Paull
Franchisees would view that as a lack of faith in the business, ... And the damage that would do, and that's not an exaggeration, we believe would be irreparable.
Matthew Paull
Significantly, when we convert this group of restaurants to developmental licensees, the results we currently report from these markets will be replaced over time with a royalty--- a royalty based solely on a percentage of sales, and our capital requirements will be eliminated.
Matthew Paull
We are looking for brands with the potential to impact our business, and we're looking at things that can grow to at least 1,000 restaurants,
Matthew Paull
In our view, the concept outlined at today's Value Investing Congress would not create significant value for McDonald's shareholders. McDonald's and two separate outside advisors have carefully evaluated the ideas presented and concluded that they would pose serious strategic and financial risks to McDonald's and our overall system,
Matthew Paull
Readers Who Like This Quotation Also Like:
Based on Topics: Capital QuotesIdeology has very little to do with 'consciousness' - it is profoundly unconscious.
Louis Althusser
At that time a senator who was on the Joint Committee of Atomic Energy said rather quietly, 'You know, we're having a little problem with waste these days.' I didn't know what he meant then, but I know now.
David R. Brower
I came to Congress to help reduce spending.
Dave Reichert