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The skinny on McDonald's Corp.
How the world's No. 1 restaurant chain came to be and how it's doing.
April 19, 2004: 1:14 PM EDT

NEW YORK (CNN/Money) - McDonald's Corp., the world's biggest restaurant chain, has named a new CEO after Jim Cantalupo died of an apparent heart attack Monday.

Here are key facts about the company.

Headquarters - Oak Brook, Illinois

Restaurants - More than 30,000 in 119 countries, serving 47 million customers a day.

Sales and earnings - Total revenue $17.1 billion* in 2003, up from $15.4 billion in 2002.

Net income $1.5 billion, or $1.15 a share, in 2003, up from $894 million, or 70 cents a share, in 2002.

Stock performance - The company went public in 1965, and is one of 30 stocks in the Dow Jones industrial average. The stock is up about 10 percent year-to-date, making it the second-best performer in the Dow Jones industrial average.

History - Ray Kroc opened the first McDonald's in Des Plaines, Illinois, in 1955, with an idea from brothers Dick and Mac McDonald, who ran a fast-service hamburger outlet in San Bernardino, Calif.

Kroc, then a milkshake machine distributor, met the brothers and pitched the idea of opening a chain of fast-service restaurants.

*System-wide sales, includes franchisee owned locations.

Sources: Company reports, Reuters  Top of page




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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.