Everything You Need To Know About McDonald's Investor Day Presentation

Shares of McDonald's Corporation MCD were halted Wednesday morning ahead of the company's Investor Day presentation. The stock resumed at 12:23 p.m. ET.

Here is a recap of what's been said at the meeting so far:

• McDonald's CFO Kevin Ozan talked about G&A discipline efforts.
• Ozan said that actions the company has taken over the past two years resulted in over $200 million in savings.
• Ozan added that the company remains on track to achieve $500 million in savings.
• Management said that delivery in China accounts for 10 percent of total system sales in the country.
• Management hinted that GrubHub Inc GRUB could be a delivery partner.
• Management cited a near-term goal of reversing guest count declines that was seen over the past few years.
• Coffee remains a big opportunity and it may launch new flavors and add more dessert options to its menu.
• Management talked about its "Experience of the future" (EOTF) and how a mobile ordering and payment system will be implemented.
• In terms of guidance the company sees its system-wide sales growth being in the range of 3 to 5 percent beginning in 2019.
• Management also guided its operating margin to be in the high 20 percent range to mid-40 percent range.

McDonald's stock was last seen at $128.