McDonald's To Provide About $8.5 Bln In NEXT Partnering Support Through 2036

Sept. 23 (Reuters) - McDonald's Corp MCD.N:

• McDonald's advances NEXT strategy, announces new growth and productivity targets
• McDonald's: to provide about $8.5 billion in NEXT partnering support through 2036, including about $5 billion through 2030
• McDonald's: operating margin targeted at low-to-mid 50% range by 2030, with about 250 basis points gross restaurant-level efficiency gains
• McDonald's: plans $3 billion annual baseline capex plus $1.5 billion-$2 billion cumulative capital partnering support from 2027-2030
• McDonald's: targets 1.5 percentage points market share gains in chicken & beverage categories by 2030
• McDonald's: unit expansion to contribute nearly 2.5% to systemwide sales growth in 2027, moderating to about 2% by 2030