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home / articles / MCD - McDonald's Plans Royalty Fee Hike For New Franchisees Starting 2024: Report | Benzinga

MCD - McDonald's Plans Royalty Fee Hike For New Franchisees Starting 2024: Report | Benzinga

McDonald's Corporation

McDonald's Corporation (NYSE: MCD) franchisees who add new restaurants will reportedly see an increase in royalty fees beginning January 1st.

The company will also shift its terminology, calling the payments "royalty fees" rather than "service fees."

The fast-food behemoth is increasing its fees from 4% to 5%, marking the first such hike in nearly 30 years, reported CNBC.

Also Read: Full story available on Benzinga.com
Stock Information
Company Name: McDonald's Corporation
Stock Symbol: MCD
Market: NYSE
Website: investor.mcdonalds.com
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