Sales of McDonald’s Philippines surged to P55 billion in 2019, an increase of over 15 percent over the previous year , the company said yesterday.
McDonald’s posted a systemwide sales compounded annual growth rate of 14 percent over the past 10 years.
McDonald’s in 2019 increased its capital expenditure to over P3 billion to expand and fund various initiatives.
The company opened 58 new stores across the country with majority having “drive thru.”
The chain also beefed up McDelivery service with more delivery hubs and partnerships with Grab Food and Food Panda.
McDonald’s ended 2019 with over 140 NXTGEN stores that are equipped with self-order kiosks
McDonald’s currently has over 60,000 directly-hired employees all over the country.
McDonald’s ended 2019 with 669 stores nationwide.
