McDonald's (NYSE:MCD) may offer rent deferrals to some franchises that are closing restaurants or seeing a traffic plunge due to COVID19, according to the regulatory filing.

McDonald's (NYSE:MCD) may offer rent deferrals to some franchises that are closing restaurants or seeing a traffic plunge due to COVID19, according to the regulatory filing.

The company also warned that negative financial impact to its business cannot be estimated due to limited knowledge on the scope and duration of the disruptions.

All restaurants in the US are operating Drive-thru, Delivery, & Take-away only and franchises operate about 90% of the company's restaurants globally.

MCD is trading flat PM.
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