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McDonald's is the world's largest fast-food chain, with restaurants in more than 100 countries. Most locations are run by independent business owners, who pay McDonald's rent and a share of their sales. This contract tracks the price of McDonald's stock (MCD). Its business depends on customer visits and spending, as well as menu prices, competition, and food and labor costs.
What to watch: Quarterly earnings, sales at existing restaurants, and consumer spending data.