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Former McDonald’s CFO, Harry J. Sonneborn, is even quoted as saying, “we are not technically in the food business. We are in the real estate business. The only
by danielscrubs 6y ago
Former McDonald’s CFO, Harry J. Sonneborn, is even quoted as saying, “we are not technically in the food business. We are in the real estate business. The only reason we sell fifteen-cent hamburgers is because they are the greatest producer of revenue, from which our tenants can pay us our rent.”
https://blog.wallstreetsurvivor.com/2015/10/08/mcdonalds-beyond-the-burger/ https://blog.wallstreetsurvivor.com/2015/10/08/mcdonalds-bey...
- loopz 6y agoWhich explains the quality and healhiness of the product.