OAK BROOK Ill. As expected from its pre-release last week, McDonald’s Corp. posted its second-ever quarterly net loss on Tuesday, the result of a one-time charge of $1.6 billion for the sale of 1,600 restaurants and development licenses in Latin America and the Caribbean. That divesture, announced in April, was considered by many analysts to be a positive step for the largest burger chain, as it would move the risk and expense of operating and developing restaurants from the Oak ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.