McDonald's will spend big on restaurant upgrades, training to drive growth

McDonald's on Wednesday announced new financial targets for higher operating margins, a training program to improve food quality and plans to support franchisees financially as they invest in their restaurants. It unveiled those efforts to improve its business ahead of an investor presentation that will kick off from the fast-food giant's Chicago headquarters at 9:30 a.m. ET on Wednesday. In June, the company unveiled its newest growth strategy , McDonald's > NEXT. The pillars of the plan include a new restaurant design, better-tasting food and drinks, consumer-led innovation and improved hospitality from employees.