April Third Post

hey, I found article while reading the news online. I thought it would be a good topic to write the blog revision about.
The link to this article is:
http://news.yahoo.com/s/ap/20070421/ap_on_bi_ge/earns_mcdonald_s;_ylt=Aq.pEgzEFS4eo0SCM7K5quHMWM0F

The article is called "McDonald's 1Q profit climbs 22 percent." The article basically talks about how profits for McDonalds has been going up. With such as increase in profit, McDonalds is hoping to sell almost 1600 restaurants to franchise in Latin America. The announcement in the increase in profit raised stock prices also. With such sucess, analysts don't expect this momentum so slow down anytime soon. The profits for the first three months was $762 million dollars. McDonalds next big thing is the expansion in to Latin America. It plans to find entrepreneurs to provide the capital, land and pay royalties to McDoanlds. Current locations on Latin America have not been growing all that greatly, but still have been able to raise $55 Million in operating income. McDonalds has been recording higher sales for the pase 48 months. One of the key factors has been the sale of chicken, with products such as chicken McNuggets, chicken selects and chicken sandwiches.

With all the scare about nation obesity and how fast food restaurants have played such a big factor, I am surprised to see that McDonalds is capable of increasing their profits so drastically. I have noticed that they are being more socially aware of the obesity problem. They are trying to provide a healthier menu. I feel that compare to other fast food restaurants, McDonalds in the one that is really trying to change their meny to provide healthier food for its customers. I am glad to see that they are doing so well now.