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Fortune
Fortune
Sheryl Estrada

McDonald’s bets $8.5 billion on a productivity makeover across more than 46,000 restaurants

A McDonald's logo is displayed on a sign outside a restaurant in San Diego, CA. (Credit: Getty Images)

Good morning. Ian Borden, McDonald’s EVP and global CFO, is betting that the company’s next phase of profitable growth will come not just from opening more restaurants, but from making its existing network more productive.

McDonald’s unveiled its updated NEXT growth strategy on Wednesday at its investor day, committing about $8.5 billion in support for franchisees through 2036. That includes roughly $5 billion through 2030, primarily through rent relief and capital support.

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