McDonald’s just reported its first quarter financial results this morning. The global fast food chain generated $6.54 billion during the period and delivered earnings per share of $1.23. Global comparable sales increased 7.3 percent.
While the top and bottom line came in line with analysts’ expectations, there are plenty of facts about the company that you may find completely unexpected.
The restaurant giant has grown through the recession and recovery. Which makes sense since it sells more than 75 burgers every second.
19 Facts About McDonald’s That Will Blow Your Mind:
McDonald’s’ daily customer traffic (62 million) is more than the population of Great Britain
Source: Yahoo Finance
McDonald’s sells more than 75 hamburgers every second
Source: McDonald’s Operations and Training Manual via Side Dish
McDonald’s feeds 68 million people per day, that’s about 1 percent of the world’s population
Source: Societe General via Dominic Chu
McDonald’s’ $27 billion in revenue makes it the 90th-largest economy in the world
The $8.7 billion in revenue from franchise stores alone, makes McDonald’s richer than Mongolia
McDonald’s hires around 1 million workers in the US every year
This estimate from Fast Food Nation assumes a 700,000 domestic workforce with 150% turnover rate.
McDonald’s has 761,000 employees worldwide, that’s more than the population of Luxembourg
According to company estimates, one in every eight American workers has been employed by McDonald’s
Source: McDonald’s own estimate in 1996 via Fast Food Nation
Sharon Stone worked at McDonald’s before she was famous. So did Shania Twain, Jay Leno, Rachel McAdams and Pink
McDonald’s is the world’s largest distributor of toys, with one included in 20% of all sales
Source: QSR via Motley Fool
Back in 1968 McDonald airlifted hamburgers to homesick U.S. Olympic Athletes in France
McDonald’s’ iconic golden arches are recognized by more people than the cross
The Queen of England owns a retail park in Slough, which has a drive-thru McDonald’s
A McDonald’s restaurant owned by the Queen, seriously
Source: The Telegraph
The Egg McMuffin was modeled on eggs Benedict
Herb Peterson invented the Egg McMuffin as a way to introduce breakfast to McDonald’s restaurants. From MSNBC:
“Peterson came up with idea for the signature McDonald’s breakfast item in 1972. He “was very partial to eggs Benedict,” Fraker said, and worked on creating something similar.
The egg sandwich consisted of an egg that had been formed in a Teflon circle with the yolk broken, topped with a slice of cheese and grilled Canadian bacon. It was served open-faced on a toasted and buttered English muffin.”
For the next three years, McDonald’s is going to open one restaurant every day in China
Source: Reuters via Paul Kedrosky