How Ray Kroc built McDonald's from a small burger joint into a global fast-food empire [Business Insider]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Business Insider
Kroc became McDonald's first franchisee and transformed the restaurant into a global empire. The McDonald brothers opened their small restaurant in 1940 with a simple menu : burgers, fries, and beverages like their "Triple Thick Milkshakes." Ray Kroc, a Multimixer salesman, saw the restaurant's potential and became McDonald's first franchise agent. In 1955, Kroc founded McDonald's System, Inc., which would later become the McDonald's Corporation. He bought out the brothers in 1961 for $2.7 million, the equivalent of about $28.5 million today. Here's a timeline showing how Ray Kroc built McDonald's from a small burger joint to a global fast-food empire. 1902: Ray Kroc was born in Oak Park, Illinois, on October 5. Biography reported that Kroc showed early promise as an entrepreneur. As a child, he opened his own lemonade stand and worked at a soda fountain. He eventually found a job as a salesman and manager at a cup company, which connected him with Earl Prince, the owne
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MCD
News
- McDonald's bets big on changing business trend [Yahoo! Finance]Yahoo! Finance
- Barclays Analyst A Buy Rating On McDonald's Corporation (MCD) [Yahoo! Finance]Yahoo! Finance
- Love the Filet-O-Fish sandwich? This L.A. restaurant is making a better version [Los Angeles Times (CA)]Los Angeles Times
- Chick-fil-A keeps winning big while quietly increasing prices [Yahoo! Finance]Yahoo! Finance
- Cook Out teases new locations in 6 states. See upcoming openings. [USA TODAY]USA TODAY
MCD
Earnings
- 11/5/25 - Miss
MCD
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/26/25 - Form 4
- MCD's page on the SEC website